Question
A perpetuity or consol is a bond that has no maturity date. If you owned one that was issued at a price of R100 and
A perpetuity or consol is a bond that has no maturity date. If you owned one that was issued at a price of R100 and that carried a 5% coupon, it would pay you an annual interest of _____ Rands. If the price of this bond fell to R50 the buyer would be getting a return of________%
- A. 100, 200%
- B. 5, 5%
- C. 15; 100%
- D. 5; 10%
- E. 5; 20%
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Restructuring And Innovation In Banking
Authors: Claudio Scardovi
1st Edition
331940203X, 978-3319402031
