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Koko Company pays $10 million at the beginning of each year for 10 years to Mocha Inc. for a building with a fair value of

Koko Company pays $10 million at the beginning of each year for 10 years to Mocha Inc. for a building

with a fair value of $75 million. What interest rate is Mocha earning on financing this land sale?

A. Between 5.5% and 6%

B. Between 7% and 8%

C. The answer can't be determined from the given information.

D. Between 13% and 14%

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