Explore BrainMass

Explore BrainMass

    Blue Grass Life: Determining the perpetuity values of a life insurance policy

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Blue Grass Life insurance is trying to sell you an investment policy that will pay you and your heirs $10,000 per year forever. If the required return on this investment is 12%, how much will you pay for the policy?

    © BrainMass Inc. brainmass.com December 24, 2021, 4:41 pm ad1c9bdddf

    Solution Summary

    The solution shows the calculation for the answer of how much will be paid for the policy.