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A perpetuity pays $85 per year and costs $1,980. What is the rate of return? Select the correct answer. O a. 4.89% O b. 3.0996

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A perpetuity pays $85 per year and costs $1,980. What is the rate of return? Select the correct answer. O a. 4.89% O b. 3.0996 c. 3.69% O d. 4.29% O e. 5.49%

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