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An annual growing perpetuity is currently valued $6,225.81. The next annuity payment will be $386 and the annual discount rate is 9 percent. What is
An annual growing perpetuity is currently valued $6,225.81. The next annuity payment will be $386 and the annual discount rate is 9 percent. What is the perpetuitys rate of growth?
0.00%
2.80%
3.10%
6.20%
9.00%
ive.
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