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Your financial planner offers you two different investment plans. Plan X is $200 monthly payments in perpetuity. Plan Y is a 5-year annuity with monthly

Your financial planner offers you two different investment plans. Plan X is $200 monthly payments in perpetuity. Plan Y is a 5-year annuity with monthly payments of $444. Both plans will make their first payment one month from today. At what discount rate would you be indifferent between these two plans?

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