## Question

# What's the rate of return you would earn if you paid $1,500 for a perpetuity that pays $100.65 per year?

## What's the rate of return you would earn if you paid $1,500 for a perpetuity that pays $100.65 per year?

## Step by Step Solution

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### Accounting What the Numbers Mean

**Authors:** David H. Marshall, Wayne W. McManus, Daniel F. Viele

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