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If interest rates go down by 1%, the market price of the security will be. (i) Rs. 120 (ii) Rs.133.3 (iii) Rs. 109 (iv) Rs. 140

<p>12% Government of India security is quoted at Rs.120.</p>

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/10/03
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Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

(ii) Rs.133.3

Mohammed Mohammed
by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store

133.33  is correct

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

Absolutely correct answer Mr. Jetly

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