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The british government has a consol bond perpetual bond

The British government has a consol bond (perpetual bond) outstanding that pays £100 in interest each year. Assuming that the current interest rate in Great Britain is 5% and that you will receive your first interest payment one year from purchasing the consol bond, then the value of the consol bond is closest to:

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Finance Basics: The british government has a consol bond perpetual bond

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