The british government has consol bond

Assignment Help Financial Management

Reference no: EM132045283

The British government has a consol bond (perpetual bond) outstanding that pays ?100 in interest each year. Assuming that the current interest rate in Great Britain is 5% and that you will receive your first interest payment one year from purchasing the consol bond, then the value of the consol bond is closest to:

Reference no: EM132045283

Questions Cloud

Feedback on the performance of team members : How does collecting regular feedback on the performance of team members, from relevant sources assist manager

Define the ethical breaches that have occurred : Apple is making it more difficult to unlock phones to prevent third-party hacking. This could be problematic due to criminal/terror threats to our country.

What is the difference between the two : What is the difference between the two? Can you please provide examples of each? Which one would you recommend as a manager? Why?

What visible signs of success would you look for : An evaluation of plan effectiveness is now due. In the evaluation component of the Capstone project, you are expected to evaluate the effectiveness.

The british government has consol bond : The British government has a consol bond (perpetual bond) outstanding that pays ?100 in interest each year.

Execute arbitrage strategy with futures contract : What is the total net profit if you execute the arbitrage strategy with one futures contract?

Creating an evidence-based practice for nurse educators : After reading Chapter 7 in Nurse Educator Competencies: Creating an Evidence-Based Practice for Nurse Educators, reflect on Competency 6 -Pursue Continuous.

What is total net profit if you execute arbitrage strategy : What is the total net profit if you execute the arbitrage strategy?

How technological changes influence diversity in leadership : The differences between individualistic and collectivistic societies when communicating globally, including virtual communication.

User Account

All Pages