4 (a): An investment plan in perpetual bond is offering an expected return of Rs. 7500 at the end of every 3 months period. If Sheraz requires a nominal rate of return of 12% per year compounded quarterly, what minimum amount he will pay for that investment

Answer rating: 100% (QA)

To calculate the minimum amount Sheraz needs to pay for the investment in the perpetual bond we can ... View the full answer