How much would you pay for a perpetual bond that pays an annual coupon of

$100100

per year and yields on competing instruments are

55%?

You would pay

$nothing .

(Round

your response to the nearest

penny.)

If competing yields are expected to change to

1515%,

what is the current yield

LOADING...

on this same bond assuming that you paid

$2,0002,000?

The current yield is

nothing %.

(Round your response to the nearest integer.)

If you sell this bond in exactly one year, having paid

$2,0002,000,

and received exactly one coupon payment, what is your total return if competing yields are

1515%?

Your total return is

nothing %.

(Round your response to two decimal

places