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Your financial planner offers you two different investment plans. Plan X is a $ 2 2 , 0 0 0 annual perpetuity. Plan Y is

Your financial planner offers you two different investment plans. Plan X is a $22,000 annual perpetuity.
Plan Y is an annuity lasting 20 years and an annual payment, $30,000. Both plans will make their first
payment one year from today.
At what discount rate would you be indifferent between these two plans

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