Assume the required return on this investment is 68 percent, Financial Management

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Assume the required return on this investment is 68 percent

Curly’s Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $43,000 per year forever. Assume the required return on this investment is 6.8 percent. How much will you pay for the policy? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Policy value today $

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Financial Management: Assume the required return on this investment is 68 percent

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Financial Management: Assume the required return on this investment is 68 percent

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