Curlyrsquos life insurance co is trying to sell you an, Financial Management

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Curlyrsquos life insurance co is trying to sell you an

Curly’s Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $41,000 per year forever. Assume the required return on this investment is 6.6 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).)

Policy value today $

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Financial Management: Curlyrsquos life insurance co is trying to sell you an

Reference No:- TGS01164899

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Financial Management: Curlyrsquos life insurance co is trying to sell you an

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