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You own two investments, A and B, that have a combined total value of 70,225 dollars.Investment A is expected to make its next payment in
You own two investments, A and B, that have a combined total value of 70,225 dollars.Investment A is expected to make its next payment in 1 month.A's next payment is expected to be 348 dollars and subsequent payments are expected to grow by 0.39 percent per month forever.The expected return for investment A is 0.97 percent per month.Investment B is expected to pay 273 dollars each quarter forever and the next payment is expected in 3 months.What is the quarterly expected return for investment B?
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