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You have an investment opportunity that requires an initial investment of $4300 today and will pay $6100 in one year. What is the rate of
You have an investment opportunity that requires an initial investment of $4300 today and will pay $6100 in one year. What is the rate of return of this opportunity?
The rate of return for this opportunity is ____% (round two 2 decimals)
You have decided to buy a perpetual bond. The bond makes one payment at the end of every year forever and has an interest rate of 6%. If the bond initially costs $2,000, what is the payment every year?
The payment at the end of each year is ____$ (Round to the nearest dollar.)
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