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QUESTION 8 The British government has just issued a new consol bond that sells for 1000 and pays interest of 8% forever. The annual interest

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QUESTION 8 The British government has just issued a new consol bond that sells for 1000 and pays interest of 8% forever. The annual interest payment on this bond must be: a. 12,500. b. 80. OC E8. d. 800. e. E1000

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