Question

124. A bond with face value of Rs.5000
matures in 12 years. The nominal rate of
interest of bond is 12% per annum paid
annually. What should be the price of
bond so as to yield an effective rate of
return equal to 10%?
a) Rs.5681
b) Rs.6581
c) Rs.5861
d) Rs.5186​

Answer 1

Answer:

c is the answer buddy....

Step-by-step explanation:

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