Assume that the yield to maturity of a perpetuity consol is


Assume that the yield to maturity of a perpetuity (consol) is 6.5% (or .065) and that its yearly payment is $195. Please calculate:

1. This consol's price

2. This consol's Current Yield.

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Finance Basics: Assume that the yield to maturity of a perpetuity consol is
Reference No:- TGS02208713

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