Question: A bond, whose par value is Rs. 1,000, bears a coupon rate of 12 per cent and has a maturity period of 3 years. The

A bond, whose par value is Rs. 1,000, bears a coupon rate of 12 per cent and has a maturity period of 3 years. The required rate of return on the bond is 10 per cent. What is the value of this bond? PyQ -1M Coupon (Rate) - 120% Face Value] Steps 1 120 120 2 120 1.10 M+ 3 120 M +

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