Mathematics for FinanceMTP Jun 23Question 1587 of 422
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Find the purchase price of a $1000$ bond redeemable all the paring annual dividends at $4\%$ if the yield rate is to be $5\%$ effective.

Options

A$884.16$
B$984.17$
C$1084.16$
DNone of these
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Correct Answer

Option b$984.17$

All Options:

  • A$884.16$
  • B$984.17$
  • C$1084.16$
  • DNone of these

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