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Please answer A,b, and c Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,600 monthly The contract currently sells for $73,000.

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image text in transcribedPlease answer A,b, and c
Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,600 monthly The contract currently sells for $73,000. a. What is the monthly return on this investment vehicle? b. What is the APR? c. What is the effective annual rate

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