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Business, 22.06.2021 16:20 maddyrose814

Perpetual Life Corp. has issued consol bonds with coupon payments of $50. (Consols pay interest forever and never mature. They are perpetuities.)a. If the required rate of return on these bonds at the time they were issued was 5.0%, at what price were they sold to the public

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Perpetual Life Corp. has issued consol bonds with coupon payments of $50. (Consols pay interest fore...
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