ps7

#1 If you are willing to pay $49,105.00 today to receive $4,256.00 per year forever then your required rate of return must be _______%. Assume the first payment is received one year from today. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswered not submitted Attempts Remaining: Infinity