Question
Bradley is looking to purchase a consol bond (perpetuity) from the British Government. The bond pays $100 per year and is currently selling at $2,250.
Bradley is looking to purchase a consol bond (perpetuity) from the British Government. The bond pays $100 per year and is currently selling at $2,250. What is the assumed annual cost of capital of this bond?
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Renewable Energy Finance Theory And Practice
Authors: Santosh Raikar, Seabron Adamson
1st Edition
0128164417, 9780128164419
