The firm you work for has decided to begin paying a pension to its retiring employees, the annual payment made to all retired employee will be $2 million per year. Since the firm is a going concern, management assumes that the pension obligation will continue forever. Given that the interest rates are 10% compounded annually, how much will the firms have to invest today to make the proposed pension payments starting one year from now? $22,000,000 $24,000,000 $18,000,000 $20,000,000