Question: For this question, and the previous two (three in all), Frozenentyme, Fierce, Penner & Smythe, the big brokerage firm, has offered to sell you an

For this question, and the previous two (three in all), Frozenentyme, Fierce, Penner & Smythe, the big brokerage firm, has offered to sell you an investment that will pay you $2,000 each year. The first payment will be one year after you buy the investment. If you need a 7% return, and the investment will pay the $2,000 to you now, and to your heirs (children, grandchildren, any one else) forever; How Much should you be willing to pay for this investment today?

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