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Business, 13.02.2020 18:27 brutcherk

An investor purchasing a British consol is entitled to receive annual payments from the British government forever. What is the price of a consol that pays $190 annually if the next payment occurs one year from today? The market interest rate is 4.2 percent. (Round your answer to 2 decimal places. (e. g., 32.16)) Present value $

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