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The British government has a consol bond outstanding paying 1 3 0 per year forever. Assume the current interest rate is 5 % per year.
The British government has a consol bond outstanding paying per year forever. Assume the current interest rate is per year.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
