Question: A property will provide $6,325 a year forever. If its value is $115,000, what must be the discount rate? Note: Enter your answer as

A property will provide $6,325 a year forever. If its value is

A property will provide $6,325 a year forever. If its value is $115,000, what must be the discount rate? Note: Enter your answer as a percent rounded to 2 decimal places. Discount rate %

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