Question 4 The Crystal Center has issued bonds that will pay $42 one year from today. Then going forward this amount will increase by 3.8% each year forever. If these bonds are selling for $846, what is the discount rate for the bonds? 0/1 pts (Please enter your answer as a whole number to two decimal places. i.e. 2.25, not 0.0225) 22,263.16 8.76 margin of error +/- 0.01

The Crystal Center has issued bonds that will pay $42 one year from today. Then going forward this amount will increase by 3.8% each year forever. If these bonds are selling for $846, what is the discount rate for the bonds? (Please enter your answer as a whole number to two decimal places. i.e. 2.25 , not 0.0225 )