Question: 23. Chapter MC, Section .05, Problem 123 What annual payment must you receive in order to earn a 6.5% rate of return on a perpetuity
23. Chapter MC, Section .05, Problem 123 What annual payment must you receive in order to earn a 6.5% rate of return on a perpetuity that has a cost of $4,800? O a. $349.44 O b. $25.84 O c. $352.56 O d. $283.92 Oe. $312.00
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