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What's the rate of return you would earn if you paid $950 for a perpetuity that pays $85 per year? a. 10.88% b. 8.95% c.

What's the rate of return you would earn if you paid $950 for a perpetuity that pays $85 per year?

a. 10.88%

b. 8.95%

c. 9.86%

d. 9.39%

e. 10.36%

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