Question: Question 3 ( 1 0 Points ) Your financial planner offers you two different investment plans. Plan X is a $ 2 2 , 0

Question 3(10 Points) Your financial planner offers you two different investment plans. Plan X is a $22,000 annual perpetuity. Plan Y is an annuity lasting 20 years and an annual payment, $30,000. Both plans will make their first payment one year from today. At what discount rate would you be indifferent between these two plans?

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