A prominent alumnus of your university has just donated $2,200,000 to fund a scholarship that will distribute $86,000 per year forever beginning in one year. For this to be true, what rate of return is expected on the donation? Multiple Choice O O 4.04% 3.76% 4.10% 3.91%

A prominent alumnus of your university has just donoted $2,200,000 to fund a scholarship that wil distribute $86,000 per year forever beginning in one yeat. For this to be true, what rate of return is expected on the donation? Muniple Choice 4.04 376x 410n 3.91x