Problem 6-13, Perpetual Life Corp.

Fundamentals of Corporate Finance

Brealey, Myers, and Marcus

10th Edition

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Determine the price at which the consol bonds could be sold to the public given a required rate of return.

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  • Search Terms: $. %, (consols (lo-) a. and are at bonds bonds. consol consols corp. coupon do forever has if interest is issued life mature. never of on pay payments perpetual perpetuities.) price pricing public? b. rate required return sell? sold the these they time to today was were what with
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