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Business, 21.01.2021 22:10 ahankaranth

6. The British government has a consol bond outstanding paying £100 per year forever. Assume the current interest rate is 4% per year. a. What is the value of the bond immediately after a payment is made? ( £2,500) b. What is the value of the bond immediately before a payment is made? ( £2,600)

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6. The British government has a consol bond outstanding paying £100 per year forever. Assume the cur...
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