Big Sky Cancer Research Institute just received a $4 million gift to cover the salary for a

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Big Sky Cancer Research Institute just received a $4 million gift to cover the salary for a permanent research scientist to study Hodgkin’s disease, in perpetuity. What would be the required rate of return on the investment if the position paid an annual salary of

a. $175,000 per year?

b. $200,000 per year?

c. $225,000 per year?

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Related Book For  book-img-for-question

Financial Management Of Health Care Organizations

ISBN: 9781118466568

4th Edition

Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas

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