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A perpetuity pays $85 per year and costs $950. What is the rate of return? Group of answer choices 10.88% 9.86% 9.39% 8.95% 10.36%

A perpetuity pays $85 per year and costs $950. What is the rate of return?

Group of answer choices

10.88%

9.86%

9.39%

8.95%

10.36%

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