Unit 12.4 Present value 26. Brian's uncle gives all of his nieces and nephews $4,000 on their 30th birthdays. Brian just turned 21. What is the value of the $4,000 gift, in today's dollars, assuming that Brian can earn 8.3% compounded annually? 27. Neal Surami, an author from Japan, sells the movie rights to his book and will receive 6,000,000 yen at the end of each 6-month period for the next 6 years. Assuming that money is worth 4.35% compounded semiannually, what is the present value of the movie rights