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Exercise #2 (10 points) Your broker just called with the following opportunity. You can invest $6,000 today Beginning two years from TODAY you will receive

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Exercise #2 (10 points) Your broker just called with the following opportunity. You can invest $6,000 today Beginning two years from TODAY you will receive eight equal QUARTERLY (i e. FOUR tirties per year payouts. Just to be clear: The first payout is received 2 years from today, and these payouts will continue for the next 7 consecutive QUARTERs thereafter Assume interest it will accrue interest throughout the entire time period of the investment Assume the investment will accrue interest at a rate of 12% APR compounded QUARTERLY. a) What is the dollar amount of the equal quarterly payout? Show work and formulas please

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