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What is the value today of an investment that pays $2,400 every two years forever starting one year from today and $4,800 every two years
What is the value today of an investment that pays $2,400 every two years forever starting one year from today and $4,800 every two years forever starting two years from today if the APR is 9.00% compounded quarterly? That is, a $2,400 payment occurs 1 year from today, a $4,800 payment 2 years from today, a $2,400 payment 3 years from today, and so on. $37,149 $38,102 $39,054 $40,007 $40,959
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