Fred and Barney need some Investment advice and have asked you to evaluate their offers. Fred Is looking at an investment that would pay hlm nothing until five years from today and then he would receive $40,000 every six months far ten years (20 payments) with the first payment coming five years from today. He then would receive $100,000 every year for ten years with the first of these coming si months after the last payment of $40,000. Finally he would receive two payments of 500,000 with the first coming sibc months after the last $100,000 and the second coming five years after the first payment of $500,000. The Investment would cost him $725,000 today. nut annuil Baney's investment would pay him $25,000every year for thirty years with the first of these coming sho months from today. He would also receive $120,000 every five years for the next fifty years with the first coming five years from today and the last coming fifty years from today. Finaly he would recewe $2,500,000 forty years from today and another $2,500,000 fty years from today. His investment would cost him $690,000 today. using present value and assuming they have an opportunity cost of 8% (semi-annual), should they invest? Show all work