Suppose you could buy an annual bond that pays $72 coupon a year forever, and your required rate of return for this bond is 12%. To you, the present value of this bond would be closest to _____. Group...

Suppose you could buy an annual bond that pays $72 coupon a year forever, and your required rate of return for this bond is 12%. To you, the present value of this bond would be closest to _____.

Group of answer choices

$60.00