Question: Hello, im trying to learn off a test i had a bad grade on and was curious if i could get some help. Question 2

Hello, im trying to learn off a test i had a bad grade on and was curious if i could get some help.

Question 2 0/5 pts You have a small business that nets you $600 per month. A competitor has just offered to buy you out for $120,000 right now. What APR would be required for you to be indifferent to keeping or selling the business? Use a perpetuity, to value your business and as always with rates, answer in percent and basis points. You Answered 0.5 Correct Answer 6 margin of error +/- 2%

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