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MC Qu. 6-A14 You just paid... You just paid $350,000 for a policy that will pay you and your heirs $12,200 a year forever. What

MC Qu. 6-A14 You just paid...

You just paid $350,000 for a policy that will pay you and your heirs $12,200 a year forever. What rate of return are you earning on this policy?

3.26 percent
3.49 percent
3.75 percent
1.93 percent
3.37 percent

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