Business, 25.07.2020 16:01 jpganeing555

The British government has a consol bond outstanding paying pound 200 per year forever. Assume the current interest rate is 12 % per year. a. What is the value of the bond immediately after a payment is made? b. What is the value of the bond immediately before a payment is made?

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The British government has a consol bond outstanding paying pound 200 per year forever. Assume the c...