Business, 14.07.2020 01:01 celeste5364
The British government has a consol bond outstanding paying pound 100 per year forever. Assume the current interest rate is 4 % per year.
A. What is the value of the bond immediately after a payment is made?
B. What is the value of the bond immediately before a payment is made?
Answers: 1
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The British government has a consol bond outstanding paying pound 100 per year forever. Assume the c...
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