Question 16 (4 points) An investment opportunity exists that you can buy (i.e., invest in), that will pay you a guaranteed, and fixed, amount of $1,950 per year, at the end of each year, forever. If your required rate of return on this type of investment is 6.75% per year, what would be the appropriate price, or current value of this investment opportunity? [Round your answer to the nearest whole dollar amount.] Your Answer: Answer Previous Page Next Page Page 16 of 22