Check my work 2 Problem 6-13 Pricing Consol Bonds (LO2) 10 points Perpetual Life Corp. has issued consol bonds with coupon payments of $55. (Consols pay interest forever and never mature. They are perpetuities.) a. If the required rate of return on these bonds at the time they were issued was 5.0%, at what price were they sold to the public? eBook Hint Price sold to the public Print References b. If the required return today is 10.0%, at what price do the consols sell? Current price