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Business, 15.07.2020 17:01 Geo777

You are willing to pay $9,000 now to purchase a perpetuity which will pay you and your heirs $240 each year, forever, starting at the end of this year. What is your annual rate of return?

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You are willing to pay $9,000 now to purchase a perpetuity which will pay you and your heirs $240 ea...
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