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Live Forever Life Insurance Co. is selling a perpetuity contract that pays exist1, 100 monthly. The contract currently sells for exist68,000. (a) What is the

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Live Forever Life Insurance Co. is selling a perpetuity contract that pays exist1, 100 monthly. The contract currently sells for exist68,000. (a) What is the monthly return on this investment vehicle? (Click to select) (b) What is the APR? (Do not round your intermediate calculations.) (Click to select) (c) What is the effective annual rate? (Do not round your intermediate calculations.) (Click to select)

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