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How much would you pay for a perpetual bond that pays an annual coupon of $ 1 0 0 per year and yields on competing
How much would you pay for a perpetual bond that pays an annual coupon of $ per year and yields on competing instruments are
You would pay $
Round your response to the nearest penny.
If competing yields are expected to change to what is the current yield on this same bond assuming that you paid
$
The current yield is Round your response to the nearest integer.
If you sell this bond in exactly one year, having paid $ and received exactly one coupon payment, what is your total return if competing yields are
Your total return is Round your response to two decimal places.
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