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Curly's life insurance co. is trying to sell you an investment policy that will pay you and your heirs $40,000 per year forever. assume the required return on this investment is 6.5 percent. how much will
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Curly's life insurance co. is trying to sell you an investment policy that will pay you and your heirs $40,000 per year forever. assume the required return on this investment is 6.5 percent. how much will you pay for the policy?

User Kern Elliott
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1 Answer

3 votes
I will pay $1000 for the policy
User Vincent Pakson
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