Big sky research institute just received a 4million gift to, Ask an Expert

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Big Sky Research Institute just received a $4million gift to cover the salary for a permanent research scientists to study Hodgkins Disease, in perpetuity. what would be the required rate of return on the investment if the position paid an annual salary of:

a) $175,000/year

b) $200,000/year

c) $225,000/year

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92081559

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