What should be the current price of a bond that pays $2 in perpetuity at the...
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What should be the current price of a bond that pays $2 in perpetuity at the end of every year if the discount rate is 10%? Assume that the first payment starts one year from now. $16 $18 None of the other answers are correct. $22 $20 What should be the current price of a bond that pays $2 in perpetuity at the end of every year if the discount rate is 10%? Assume that the first payment starts one year from now. $16 $18 None of the other answers are correct. $22 $20
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