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Options
- A
8%
-
8.42%
Correct answer
- C
7.6%
- D
10%
Why this is the answer
Current Yield = Annual Coupon / Market Price = 80 / 950 ≈ 0.0842 or 8.42%. The face value is Rs. 1,000, so annual coupon = 8% of 1,000 = Rs. 80. Other options either ignore the market price or miscalculate the percentage.
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