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The King of France offers you an investment opportunity that would pay you $60 per year forever. If comparable investments offer yields to maturity of

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The King of France offers you an investment opportunity that would pay you $60 per year forever. If comparable investments offer yields to maturity of 4% annually, what is the fair price of this investment opportunity? OA 51500 OB. $2400 OC Impossible to determine, because it will be infinitely large OD 3624

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