Question: A property will provide $9,225 a year forever. If its value is $123,000, what must be the discount rate? (Round your answer to 2 decimal

A property will provide $9,225 a year forever. If its value is $123,000, what must be the discount rate? (Round your answer to 2 decimal places.) A zero-coupon bond that will pay $1,000 in 12 years is selling today for $318.63. What interest rate does the bond offer? (Do not round intermediate calculations. Round your answer to the nearest whole percent.)

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