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A Consol Bond is expected to start paying quarterly coupons @6.00%, starting 6 years from today. If the Effective Annual Yield on this Consol is
A Consol Bond is expected to start paying quarterly coupons @6.00%, starting 6 years from today. If the Effective Annual Yield on this Consol is 8.2432%.
What is the price of this consol bond today?
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