Question
Sanofi Limited is considering to investment in this bond. See below details of the bond: Par value: Rs 1, 00. Coupon (interest rate):14% payable annually
Sanofi Limited is considering to investment in this bond.
See below details of the bond:
Par value: Rs 1, 00.
Coupon (interest rate):14% payable annually
The Years to maturity: 7
The redemption value: Rs 100
The current market price for bond: Rs.92
Calculate the yields to maturity of the bond?
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Enhancing Financial Inclusion Through Islamic Finance Volume II
Authors: Abdelrahman Elzahi Saaid Ali , Khalifa Mohamed Ali , Mohamed Hassan Azrag
1st Edition
3030399389,3030399397
