Sarved Help Save & E Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,350 monthly The contract currently sells for $68,000. Required: (a)What is the monthly return on this investment vehicle? (Click to select) (b) (Click to select) (Do not round your intermediate calculations.) 2.28% c) tive annual rate? (Do not round your intermediate calculations.) 1.69% 1.99% 2.38% 50.37% Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,350 monthly. The contract currently sells for $68,000. Required: (a)What is the monthly return on this investment vehicle? (Click to select) (b)What is the APR? (Do not round your intermediate calculations.) (c) v (Click to select) (Click to select) Ive annual rate? (Do not round your intermediate calculations.) 23.82% 21.56% 21.44% 26.21% 25.01% Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,350 monthly The contract currently sells for $68,000 Required: (a)What is the monthly return on this investment vehicle? (Click to select) (b)What is the APR? (Do not round your intermediate calculations.) (Click to select) (c) What is the effective annual rate? (Do not round your intermediate calculations.) (Click to select) (Click to select) 27.94% 23.94% 26.60% 29.27% 25.27%