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The Idealistic Insurance Company offers a perpetuity which pays annual payments of $40,000. This contract sells for $ 550,000 today. What is the interest rate?
The Idealistic Insurance Company offers a perpetuity which pays annual payments of $40,000. This contract sells for $
550,000 today. What is the interest rate?
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Dividend Growth Investing Machine
Authors: Andrew P.C.
1st Edition
1521728461, 978-1521728468
