2. (1 point.) Suppose current interest rates are 5% at all maturities. You buy a consol bond (a perpetuity) that pays $1000 per year forever. The first payment is exactly one year from today. (a) What is the price of the consol bond? (b) It's now exactly one year later and you have received the $1000 for the first year. Interest rates are now 4% at all maturities. For how much can you sell the consol? (c) What was the one-year Holding Period Return on this investment? 2. (1 point.) Suppose current interest rates are 5% at all maturities. You buy a consol bond (a perpetuity) that pays $1000 per year forever. The first payment is exactly one year from today. (a) What is the price of the consol bond? (b) It's now exactly one year later and you have received the $1000 for the first year. Interest rates are now 4% at all maturities. For how much can you sell the consol? (c) What was the one-year Holding Period Return on this investment