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You would like to establish a trust fund that will provide $120,000 a year forever for your heirs. The trust fund is going to be

You would like to establish a trust fund that will provide $120,000 a year forever for your heirs. The trust fund is going to be invested very conservatively so the expected rate of return is only 5.75 percent. How much money must you deposit today to fund this gift for your heirs?

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