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The British government has a consol bond outstanding paying pound200 per year forever. Assume the current interest rate is8% per year. a. What is the

The British government has a consol bond outstanding paying pound200 per year forever. Assume the current interest rate is8% per year.

a. What is the value of the bond immediately after a payment ismade?

b. What is the value of the bond immediately before a payment ismade? Round to the nearest pound please

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