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Tinajacsn
Aug 1, 2009, 07:40 PM
A company has issued consol bonds with coupon payments of $60. If the required rate of return on these bonds at the time they were issued was 6 percent, at what price were they sold to the public? If the required return today is 10 percent, at what price do the consols sell?

morgaine300
Aug 1, 2009, 09:06 PM
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