You won a lottery years ago. The value of his winnings at the time was $200,000. You invested this money such that it will provide annual payments of $14,540 a year to your heirs forever. What is the rate of return? a. 4.08 percent b. 4.80 percent C. 7.27 percent d. 7.70 percent e. None of above Borrowers would prefer the interest with monthly compounding over annual compounding, a. True b. False