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What is the value of an investment that pays $ 2 5 , 0 0 0 every other year forever, if the first payment occurs

What is the value of an investment that pays $25,000 every other year forever, if the first payment occurs one year from today and the discount rate is 9% compounded daily? (Use 365 days a year. Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)
What is the value today if the first payment occurs four years from today? (Use 365 days a year. Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)
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