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An investor purchasing a British consol is entitled to receive annual payments from the British government forever. What is the price of a consol that

An investor purchasing a British consol is entitled to receive annual payments from the British government forever.

What is the price of a consol that pays $190 annually if the next payment occurs one year from today? The market interest rate is 5 percent.(Round your answer to 2 decimal places, e.g., 32.16.)

Price$

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