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What discount rate would make you indifferent between receiving $3,120.00 per year forever and $5,700.00 per year for 26.00 years? Assume the first payment of
What discount rate would make you indifferent between receiving $3,120.00 per year forever and $5,700.00 per year for 26.00 years? Assume the first payment of both cash flow streams occurs in one year.
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required.)
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