The contract currently sells for 92000 what is the monthly


Valuing Perpetuities

Easydoesit Life Insurance Company is selling a perpetuity contract that pays a $780 monthly. The contract currently sells for $92,000. What is the monthly return on this investment vehicle? What is the APR? The effective annual return?

Monthly return: ____________%

APR: ____________% 

EAR: ___________%

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Finance Basics: The contract currently sells for 92000 what is the monthly
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