CUET Mathematics - A company has issued a bond having a face value of Rs. 10,000 paying annual dividends at 8.5%. The bond will be redeemed at par at the end of 10 years, then the purchase price of this bond if the investor wishes a yield rate of 8% is : [Given (1.08)^-10 = 0.46319349] | PYQs + Solutions | AfterBoards