Question: John spends $ 4 , 0 0 0 on a perpetuity that pays $ 1 5 0 each year. The yield to maturity of this

John spends $4,000 on a perpetuity that pays $150 each year. The yield to maturity of this
perpetuity is
Select one:
a.1.5%.
b.3.75%.
c.6.2%.
d.15%.
 John spends $4,000 on a perpetuity that pays $150 each year.

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