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P6-23 Valuing Perpetuities [LO1 Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,350 monthly. The contract currently sells for $79,000 a.

P6-23 Valuing Perpetuities [LO1 Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,350 monthly. The contract currently sells for $79,000 a. What is the monthly return on this investment vehicle? b. What is the APR

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