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8 An investment pays $2,000 every third year for 45 years (a total of 15 payments). Your opportunity cost is 8% compounded semi-annually. The present
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An investment pays $2,000 every third year for 45 years (a total of 15 payments). Your opportunity cost is 8% compounded semi-annually. The present value of this investment is: O a. $9,666.46 O b. $19,639.28 O c. $4,762.53 O d. $7,317.16 O e. $13,323.26 Step by Step Solution
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