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Perpetual Life Corp. has issued consol bonds with coupon payments of $100 (Consols pay interest forever and never mature They perpetuities.) a. If the required
Perpetual Life Corp. has issued consol bonds with coupon payments of $100 (Consols pay interest forever and never mature They perpetuities.) a. If the required rate of return on these bonds at the time they were issued was 50% at what price were they told to the public Price sold to the public b. If the required return today is 12.5%, at what price do the consols sell? Current price
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