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Nittany Life Insurance Co. is offering to sell you an investment that will pay you and your heirs $9,561 per year forever. If you require

Nittany Life Insurance Co. is offering to sell you an investment that will pay you and your heirs $9,561 per year forever. If you require a 10% return on this investment, what is the most you should pay for this investment? Round your answer to two decimals.

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