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The purchase price P of a Rs. 50,000, 6% bond, dividends payable semi-annually, redeemable at par in 10 years, if the yield rate is to be 5%…

CUET UG 2023 — Mathematics Applied-Mathematics

2023mcqhard

The purchase price P of a Rs. 50,000, 6% bond, dividends payable semi-annually, redeemable at par in 10 years, if the yield rate is to be 5% compounded semi-annually. Then P is equal :

[Given (1.025)−20=0.61027094(1.025)^{-20} = 0.61027094(1.025)−20=0.61027094]

Official previous-year question

Held on 22 May 2023 · Verified 13 Jul 2026.

Options

  1. A

    Rs. 35897.29

  2. B

    Rs. 53897.29

  3. C

    Rs. 53798.29

  4. D

    Rs. 58973.29

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