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LIVE Forever Life Insurance Co., is selling a perpetuity contract that pays$2000 monthly. The contract currently sells for $125.000. What is the monthly return on
LIVE Forever Life Insurance Co., is selling a perpetuity contract that pays$2000 monthly. The contract currently sells for $125.000.
What is the monthly return on this investment vehicle?
What is the APR?
What is the Effective annual return (EAR)?
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