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Problem - Perpetuities Ege buys a Sise Cam perpetuity bond for $2,200 today. Sise Cam will pay him $165 every year forever. Assume Ege expects
Problem - Perpetuities Ege buys a Sise Cam perpetuity bond for $2,200 today. Sise Cam will pay him $165 every year forever. Assume Ege expects to live forever. Calculate the appropriate yearly interest rate that the Sise Cam perpetulty offers. (Enter your answer as a percent rounded to 2 decimal places.) Interest rate %
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