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10. Perpetuity Values [LO1] The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will Z pay you and your
10. Perpetuity Values [LO1] The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will Z pay you and your heirs $35,000 per year forever. If the required return on this investment is 4.7 percent, how much will you pay for the policy
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