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(2) NPV (10 pts) Assume you will get 40 rental payments paid over 40 years at the beginning of each year. Initially the rent equals

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(2) NPV (10 pts) Assume you will get 40 rental payments paid over 40 years at the beginning of each year. Initially the rent equals R=3$40; but it will grow at a rate of g=1% per year. The NPV of this income stream equals $162.87. What is your discount rate? Provide your answer as a percentage with two decimals, eg, 1.23% (or 0.0123). Show your work

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