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What is the value today of an investment that pays $2,300 every two years forever starting one year from today and $4,600 every two years
What is the value today of an investment that pays $2,300 every two years forever starting one year from today and $4,600 every two years forever starting two years from today if the APR is 8.75% compounded quarterly? That is, a $2,300 payment occurs 1 year from today, a $4,600 payment 2 years from today, a $2,300 payment 3 years from today, and so on. options: $33,847 $34,787 $35,728 $36,668 $37,608
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