Business, 14.03.2020 04:19 tuchikitacristoyaidi

A consol bond promises to pay $1000 each year, forever, starting next year. If the nominal interest rate is 5%, the present discounted value of this consol is Group of answer choices $900.00 $995.00. $2,500.00. $20,000.00.

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A consol bond promises to pay $1000 each year, forever, starting next year. If the nominal interest...

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