An investment pays $459 every second year for 20 years (a total of 10 payments). The first payment is paid today. Your opportunity cost is 8% compounded semi-annually. The present value of this investment is $ (Note: please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) re An investment pays $459 every second year for 20 years (a total of 10 payments). The first payment is paid today. Your opportunity cost is 8% compounded semi-annually. The present value of this investment is $ (Note: please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) re