27) You dream of endowing a chair in finance at the local university that will provide a salary of $150,000 per year forever, with the first cash ow to be one year from today. If the university promises to invest the money at a rate of 5% per year, how much money must you give the university today to make your dream a reality? A) $2,857,143 B) This question cannot be answered. C) $15,000,000 D) $3,000,000