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012 If you are willing to pay $40,666.00 today to receive $4,699.00 per year forever then your required rate of return must be %. Assume
012 If you are willing to pay $40,666.00 today to receive $4,699.00 per year forever then your required rate of return must be %. Assume the first payment is received one year from today. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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Finance Applications And Theory
Authors: Marcia Millon Cornett, John R. Nofsinger, Troy Adair
3rd International Edition
1259252221, 9781259252228
