Jefferies Group has offered you the following investment opportunity: $9,500 at the end of each year for the first 6 years. $12,500 at the end of each year from year 7 through 11. How much would you be willing to pay for this investment if you require a 22% rate of return? $35,215.50 $48,367.51 $40,941.71 $53,271.04 Continued from the question above, if the payments were received at the beginning of each year, what would you be willing to pay for this investment? $59,008.36 $49,948.89 $64,990,67 $42,962.91