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15 Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,500 monthly. The contract currently sells for $63,000 a. What is the

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15 Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,500 monthly. The contract currently sells for $63,000 a. What is the monthly return on this investment vehicle? 8 01:22:31 b. What is the APR? c. What is the effective annual rate

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