An investment offers $8,900 per year for 13 years, with the first payment occurring one year from now. Assume the required return is 9 percent.
a.	What is the value of the investment today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.	What would the value be if the payments occurred for 38 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c.	What would the value be if the payments occurred for 73 years? (Do not round intermediate calculatia. ons and round your answer to 2 decimal places, e.g., 32.16.)
d.	What would the value be if the payments occurred forever? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Present Value? b. Present Value? c. Present Value? d. Present Value?