Question: Explain using a numberical example how a consol (perpetuity) is able to pay periodically significant amounts for ever and still have a rather logical value

Explain using a numberical example how a consol (perpetuity) is able to pay periodically significant amounts for ever and still have a rather logical value (always in the context of corporate finance investments).

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Lets say a company issues a perpetuity also known as a consol with a face value of 1000 and ... View full answer

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