An investment you are considering is expected to make payments annually forever. The amount of the...

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An investment you are considering is expected to make payments annually forever. The amount of the next payment is expected to be $2.75. Each subsequent payment is expected to increase by 2.3%. Assume that today you buy this investment for $60. What interest rate should you expect to earn annually? An investment you are considering is expected to make payments annually forever. The amount of the next payment is expected to be $2.75. Each subsequent payment is expected to increase by 2.3%. Assume that today you buy this investment for $60. What interest rate should you expect to earn annually?