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If you are willing to pay $41,187.00 today to receive $4,409.00 per year forever then your required rate of return must be today. %. Assume

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If you are willing to pay $41,187.00 today to receive $4,409.00 per year forever then your required rate of return must be today. %. Assume the first payment is received one year from Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Enter Answer Here... Submit

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