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

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Curlys 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 $28,000 per year forever. Assume the required return on this investment is 7.6 percent.

How much will you pay for the policy?

Policy value today? $

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

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