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question 32 The British Crown financed the Napoleonic Wars with consols (perpetuities). Imagine one which will pay $5 per year and grows 2% per year.

question 32
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The British Crown financed the Napoleonic Wars with consols (perpetuities). Imagine one which will pay $5 per year and grows 2% per year. If your required rate of return is 7%, what would you be willing to pay? $100.00 $102.00 $250.00 $500.00 Infinite

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