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ora Chap.5 Discounted Cash Flow Valuati. O Seved Help Save & Exit Submit 5 Larry's Life Insurance Co. is trying to sell you an investment

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ora Chap.5 Discounted Cash Flow Valuati. O Seved Help Save & Exit Submit 5 Larry's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $30,000 per year forever. Assume the required return on this investment is 7.4 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.) lish cbook Mar Chod Policy value today feat. Travi o? (fe Trav THER -JACI igned to igned Signed niel-Fel LD You

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