Curly's Life Insurance Co. is trying to sell you an investment policy that will pay...
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Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $35.000 per year forever. Assume the required return on this investment is 6 percent Required: How much will you pay for the policy? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) - Paid for the policy
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