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Question 5 (1 point) The Wanting Life Insurance Co., is trying to sell you an investment policy that will pay you and your heirs $20,000

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Question 5 (1 point) The Wanting Life Insurance Co., is trying to sell you an investment policy that will pay you and your heirs $20,000 per year forever, and the first payment will start 3 years from now. If the required return on this investment is 4.80%, how much will you pay for the policy? O $235,456.70 $416,666.67 O $379,372.80 $361,996.95

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