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Sanjana has a debenture of Par-value Rs. 100/- @ 6%. Calculate its current yield if: (5 Marks) i) Market Price is Rs. 98.20 ii) Market

Sanjana has a debenture of Par-value Rs. 100/- @ 6%. Calculate its current yield if: (5 Marks)

i) Market Price is Rs. 98.20

ii) Market Price is Rs. 102.00

What inference can you draw from this about the relation between Market price and yield?

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