= Question 8, P4-15 (simila... Part 1 of 4 HW Score: 41.67%, 5 of 12 points O Points: 0 of 1 Save Perpetuities. The Canadian Government has once again decided to issue a consol (a bond with a never-ending interest payment and no maturity date). The bond will pay $30 in interest each year (at the end of the year), but it will never return the principal. The current discount rate for Canadian government bonds is 7.5%. What should this consol bond sell for in the market? What if the interest rate should fall to 6.5%? Rise to 8.5%? Why does the price go up when interest rates fall? Why does the price go down when interest rates rise