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2 and 3 thanks! You have the opportunity to buy a perpetuity that pays $ 1,000 annually. Your required rate of return on this investment

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You have the opportunity to buy a perpetuity that pays $ 1,000 annually. Your required rate of return on this investment is 15 percent. What is the price for the perpetuity? Madsen Motors's bonds have 7 years remaining to maturity. Interest is paid annually; they have a $ 1000 par value; the coupon interest rate is 9%; and the yield to maturity is 12%. What is the bond's current market price

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