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Curlys Life Insurance Co is trying to sell you an investment policy that will pay you and your hers $25000 per year forever Assume the required return on this investment is 7 9 percent Required

Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your hers $25,000 per year forever. Assume the required return on this investment is 7.9 percent. Required: How much will you pay for the policy? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
 

Apr 10 2020 View more View Less

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