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Your broker has proposed that you pay 357000 today for an ordinaty annuity of $6000 per year for 11 years. Your opportunity cost of funds

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Your broker has proposed that you pay 357000 today for an ordinaty annuity of $6000 per year for 11 years. Your opportunity cost of funds is 8.23. and the return from this investmens is tax-free How much should you pay today for the ordinary annuity? Present your answer as a whole number to two decimals fincluding the 5 symbolk, e.g, 33210.65(25% marks will be deducted if the 5 symbol is not provided Ansiver

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