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can someone please show full steps with a timeline and explain their steps. fhank you Question 4 (15%) Calculate the value today of an investment

image text in transcribedcan someone please show full steps with a timeline and explain their steps. fhank you
Question 4 (15%) Calculate the value today of an investment that pays 500 every two years forever, starting one quarter from today. The required rate of return is 8% (effective annual rate)

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