Question
Sanjana has a debenture of Par-value Rs. 100/- @ 6%. Calculate its current yield if: i) Market Price is Rs. 98.20 ii) Market Price is
Sanjana has a debenture of Par-value Rs. 100/- @ 6%. Calculate its current yield if:
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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Financial Management Principles And Applications
Authors: J William Petty, Sheridan Titman, Arthur J Keown, John D Martin, Peter Martin, Michael Burrow, Hoa Nguyen
6th Edition
1442539178, 9781442539174
