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PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition 8006 Question # 78 Topic 8 Discussion

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PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition 8006 Question # 78 Topic 8 Discussion

8006 Exam Topic 8 Question 78 Discussion:
Question #: 78
Topic #: 8

A 'consol' is a perpetual bond issued by the UK government. Its running yield is 5%. What is its duration?
A.

Infinity

B.

5 years

C.

20 years

D.

25 years

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Actual exam question for PRMIA 8006 exam by Nyx26678 at Aug 3, 2025, 12:00:00 AM

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