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You just paid $ 375,000 for an annuity that will pay you and your heirs $ 11,400 a year forever. What rate of return are

You just paid $375,000 for an annuity that will pay you and your heirs $11,400 a year forever. What rate of return are you earning on this policy?

3.10 percent

3.04 percent

3.19 percent

3.38 percent

2.79 percent

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