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A prominent alumnus of your university has just donated $1,600,000 to fund a scholarship that will distribute $68,000 per year forever beginning in one year.

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A prominent alumnus of your university has just donated $1,600,000 to fund a scholarship that will distribute $68,000 per year forever beginning in one year. For this to be true, what rate of return is expected on the donation? uniple Chace 446x 45x 4395 40m 425x

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