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You would like to establish a trust fund that will provide $50,000 a year forever for your heirs. The trust fund is going to be

You would like to establish a trust fund that will provide $50,000 a year forever for your heirs. The trust fund is going to be invested very conservatively so the expected rate of return is only 2.75%. How much money must you deposit today to fund this gift for your heirs?

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