Apps Insurance Coverage... HPP Appealing Insuranc... Social Skills for indi... Michigan Saved HW Ch05 Problem 5-10 Calculating Perpetuity Values [LO 1] 7 10 points Larry'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 76 percent How much will you pay for the policy? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 2 0251.49 Policy value today Boo