Question: A property will provide $ 1 1 , 6 1 0 a year forever. If its value is $ 1 2 9 , 0 0

A property will provide $11,610 a year forever. If its value is $129,000, what must be the discount rate?
Note: Enter your answer as a percent rounded to 2 decimal places.
Discount rate
%
A property will provide $11,610 a year forever. If its value

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