Question: Problem 5-10 Calculating Perpetuity Values [LO 1] The Maybe Pay Life insurance Company is trying to sell you an investment policy that will pay you

Problem 5-10 Calculating Perpetuity Values [LO 1] The Maybe Pay Life insurance Company is trying to sell you an investment policy that will pay you and your heirs $26,000 per year forever Assume the required return on this investment is 78 percent. How much will you pay for the policy? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9.,32.16

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