Question 9 0/7 pts Since graduating with a high value education from Tarleton State University, you have become amazingly wealthy. To "give back" to your Alma Mater, you have decided to fund a Finance Professorship outright. You have decided to fund that professorship in line with national statistics for a full professor in Finance in 2020, at $194,060 per year (on a nine month contract)**. You want the salary to be able to grow at 2.99% per year to cover anticipated inflation as well as merit increases in perpetuity. If you think you could earn a return of 9.58% per year on investments in perpetuity, how much would you have to invest today in order to fund this professorship in Finance? Please enter your response to the penny. *Note the salary range used in this problem come from the AACSB salary survey for 2020. 2,086,246.25 r 3,032,813.26 margin of error +/- 1