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MCQ: Oakenshield corp. is issuing 13% perpetual bonds. What price should the bonds sell if the required rate of interest is 8%? Select one: O

MCQ: Oakenshield corp. is issuing 13% perpetual bonds. What price should the bonds sell if the required rate of interest is 8%? Select one: O a. 1625 b. 10.4 O c. 1225 d. 16.25 O e. 1000

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