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The $2000 face value RT bond (consol) has a coupon of 17.5% (paid annually). What is the consol's value, if the discount rate is 11.75%?
The $2000 face value RT bond (consol) has a coupon of 17.5% (paid annually). What is the consol's value, if the discount rate is 11.75%? Would you pay for this bond 520 USD?
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