TIBB offers a perpetuity that pays end of year annual payments of $$120,000$ forever. Present value of this contract is $$1,900,000$ today. What is the interest rate implied in this contract?

$6\mathrm{.}32\%$

$5\mathrm{.}86\%$

$4\mathrm{.}29\%$

$4\mathrm{.}45\%$

$6\mathrm{.}15\%$