The British Government Has a Consol Bond Outstanding That Pays

question 68

Multiple Choice

The British government has a consol 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 now,then the value of the consol bond is closest to:

• A)₤1000.
• B)₤1100.
• C)₤2100.
• D)₤2000.

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Definitions:

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions, including heart rate, digestion, and respiratory rate.

Somatic Nervous System

A part of the peripheral nervous system that handles voluntary control of body movements through the action of skeletal muscles.

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the body, regulating functions such as heart rate, digestion, and respiratory rate.

Peripheral Nervous System

The portion of the nervous system lying outside the brain and spinal cord, which includes nerves that branch out to the rest of the body, facilitating communication between the body and central nervous system.