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Business, 19.02.2021 03:30 camballard3848

​Source: Tommy Stubbington and Ben​ Edwards, "U. K. to Repay First World War ​Bonds," Wall Street Journal​, October​ 31, 2014. A few years ago the British government was considering​ retiring, or buying back from​ investors, some outstanding consols that had annual coupons of £55. A consol​ is: A. a coupon bond that pays a variable coupon and has a fixed maturity date. B. a coupon bond that pays a fixed coupon rate and does not mature. C. a coupon bond that pays a variable coupon rate and does not mature. D. a coupon bond that pays a fixed coupon rate and has a fixed maturity date. If the yield to maturity on other​ long-term British government bonds was 3.5​%, the price the British government is likely to offer investors is ​£nothing. ​(Enter your response to a nearest​ dollar.)

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​Source: Tommy Stubbington and Ben​ Edwards, "U. K. to Repay First World War ​Bonds," Wall Street Jo...
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