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6 Perpetual Life Corp. has issued consol bonds with coupon payments of $80. (Consols pay interest forever and never mature. They are perpetuities.) a. If
6 Perpetual Life Corp. has issued consol bonds with coupon payments of $80. (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? Price sold to the public 2.5 points 0334:53 eBook Pntb.If the required return today is b. If the required return today is 10.0%, at what price do the consols sell? References Current price
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