December, 2011
Ms-44 : Security Analysis and Portfolio Management
1. 'The investment environment has undergone several changes in India since 1991'. Discuss this statement and explain the three elements of investment environment.
2. (a) What are the objectives and functions of Securities Exchange Board of India ?
(b) A bond has a par value of Rs. 1,000. It has a coupon rate of 9%. It matures after 8 years. Its current market price is Rs. 800. What is the yield to maturity of the bond ?