An investment is expected to result in equal payments of $19590.00 at the end if each semi-annual period for the next 8 years (ordinary annuity).

Compounding: 2 times per year.

if the appropriate required rate of return (discount rate) is 6%, what is the present value of the annuity stream?

Question 5 (1 point) An investment is expected to result in equal payinents of $ 19590.00 at the end of each semi-annual period for the next 8 years (ordinary annuity). Compounding: 2 times per year. If the appropriate required rate of return (discount rate) is 6 %, what is the present value of the annuity stream? (Answer to the nearest cent. i.e. one thousand dollars would be entered 1000.00) Your