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Eternity Insurance is selling a perpetuity contract that pays $1,200 monthly. The contract currently sells for $65,000. (Show calculator calculations if possible). A . Calculate

Eternity Insurance is selling a perpetuity contract that pays $1,200 monthly. The contract currently sells for $65,000. (Show calculator calculations if possible).

A. Calculate the monthly rate of return on this investment.

B. Calculate the APR

c. Calculate the effective annual rate

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