CUET · MATHS · PYQ PAPER 2023
A Bond has a coupon rate of 10\% per annum paid semi annually and the coupon payment made is ₹ 50 , so the face value of the bond is :
- A ₹ 1,000
- B ₹ 500
- C ₹ 2,000
- D ₹ 800
Answer & Solution
Correct Answer
(A) ₹ 1,000
Step-by-step Solution
Detailed explanation
\( \text{Semi-annual coupon payment} = \frac{\text{Annual coupon rate}}{2} \times \text{Face Value} \) \( 50 = \frac{0.10}{2} \times \text{Face Value} \) Face Value = 50/0.05 = ₹ 1,000
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