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4 If a consol (perpetuity) has a yearly coupon payment of $45 and a yield to maturity of 5%, then the price of the consol

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4 If a consol (perpetuity) has a yearly coupon payment of $45 and a yield to maturity of 5%, then the price of the consol is Select one: O A. $700 B. $600 Oc. $900 OD $800 Finis 12 13 14 15 Next Page 9 10 11

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