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11% Government of India security is quoted at Rs. 110, the yield will be – (i) 11% (ii) 10% (iii) 9% (iv) None of these

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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

10 per cent

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

Option (ii) is correct

 

Yield =11/110*100=10

 

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

yes,10%

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