An investment offers $10,300 per year for 14 years, with the first payment occurring one year from now. Assume the required return is 11 percent. What is the value of the investment today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What would the value be if the payments occurred for 39 years? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What would the value be if the payments occurred for 74 years? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What would the value be if the payments