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If you are willing to pay $47,014.00 today to receive $4,163.00 per year forever then your required rate of return must be %. Assume the
If you are willing to pay $47,014.00 today to receive $4,163.00 per year forever then your required rate of return must be \%. Assume the first payment is received one year from today. 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))
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