In: Finance
What is the value today of an investment that pays $2,200 every two years forever starting one year from today and $4,400 every two years forever starting two years from today if the APR is 8.50% compounded quarterly? That is, a $2,200 payment occurs 1 year from today, a $4,400 payment 2 years from today, a $2,200 payment 3 years from today, and so on.
Question 21 options:
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 $37,081  | 
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 $38,008  | 
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 $38,935  | 
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 $39,862  | 
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 $40,789  |