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Big Sky Cancer Research Institute just received a $4 million gift to cover the salary...

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Accounting

Big Sky Cancer Research Institute just received a $4 million gift to cover the salary for a permanent research scientist 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 per year? b. $200,000 per year? c. $225,000 per year?

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