Question: the answer must be clear and need typed answer The Perpetual Life Insurance Co. is trying to sell you an investment policy that will pay

the answer must be clear and need typed answer

the answer must be clear and need typed answer The Perpetual Life

The Perpetual Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $15,000 per year forever. If the required return on this investment is 5.2 percent, how much will you pay for the policy? Suppose the Perpetual Life Insurance Co.told you the policy costs $320,000. At what interest rate would this be a fair deal

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