944Pakistan StudyMedium
Pakistan issued $1 billion five-year Sukuk bonds on October 6, 2016 @ the rate of__________?
A9.3%
B4.75%
C5.5%
D7.5%
Correct answer
C. 5.5%
Explanation
5.5% is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.