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Obtain the price (today) for the following consol bond. A coupon payment of 130 yen is paid once year (forever). The discount rate is 11%.

Obtain the price (today) for the following consol bond. A coupon payment of 130 yen is paid once year (forever). The discount rate is 11%. A. 1,181 yen B. not possible to calculate since the coupons are paid into infinity (forever) C. 118 yen D. 117 yen E. 1,300 yen

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