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Indian Government is issuing a 10% 10-year Treasury bond with a Face Value of Rs. 1000. The YTM is stated at 12.5%. What is the
Indian Government is issuing a 10% 10-year Treasury bond with a Face Value of Rs. 1000. The YTM is stated at 12.5%. What is the price of the bond. What is the relationship between price and Face Value. What is the plausible reason for the same? [9 Marks]
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