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What's the rate of return you would earn if you paid $3,480 for a perpetuity that pays $75 per year? a. 1.08% b. 4.31% c.

What's the rate of return you would earn if you paid $3,480 for a perpetuity that pays $75 per year?

a. 1.08%
b. 4.31%
c. 4.41%
d. 2.16%
e. 2.20%

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