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MR A WANTS TO PURCHASE A BOND ISSUED BY B LTD . THE FACE VALUE OF EACH BOND IS RS .100 COUP[ON RATE OF 12%

MR A WANTS TO PURCHASE A BOND ISSUED BY B LTD . THE FACE VALUE OF EACH BOND IS RS .100 COUP[ON RATE OF 12% P.A THE BOND IS REDEEMABLE AFTER 7 YEARS FOR RS 105.COMPUTE THE REALISED YIELD OF THE BOND IF THE REINVESTMENT RATE IS 8% P.A

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