MC algo $4-91$ Calculating Perpetuity Interest Rate

You just paid $$375,000$ for a policy that will pay you and your heirs $$13,700$ per year forever with the first payment in one year. What rate of return are you earning on this policy?

Multiple Choice

$3\mathrm{.}52\%$

$3\mathrm{.}65\%$

$3\mathrm{.}90\%$

$3\mathrm{.}84\%$

$3\mathrm{.}78\%$