What is the value today of an investment that pays $1,200 every two years forever starting one year from today and $2,400 every two years forever starting two years from today if the APR is 6.00% compounded quarterly? That is, a $1,200 payment occurs 1 year from today, a $2,400 payment 2 years from today, a $1,200 payment 3 years from today, and so on.