You dream of endowing a chair in finance at the local university that will provide a salary of $150,000 per year forever, with the first cash flow to be one year from today. If the university promises to invest the money at a rate of 1% per year, how much money must you give the university today to make your dream a reality? 1) $15,000,000 O2) $1,500,000 3) $2,857,143 4) This question cannot be answered