Question: I need help with getting the correct answer with explaining, please. A perpetuity promises to make payments of $565 at the end of each year

I need help with getting the correct answer with explaining, please.

A perpetuity promises to make payments of $565 at the end of each year with the first occurring one year from today. If the perpetuity is selling for $14,000, what rate of return is being offered? Answer Format: Enter your answer as a percentage rounded to 2 decimal places. An answer of 0.0542 would be entered as 5.42

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