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Business, 21.11.2019 21:31 AdiGirlBrainly

Suppose you paid $1,000 for a perpetuity bond that pays $40 a year. suppose the interest rate drop fall to 1%. what would be the price of the bond if it continues to pay $40 per year?

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Suppose you paid $1,000 for a perpetuity bond that pays $40 a year. suppose the interest rate drop f...
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