Question: 10. What is the maximum dollar amount that you would be willing to pay for an investment that pays $10,000 every second year forever if

10. What is the maximum dollar amount that you would be willing to pay for an investment that pays $10,000 every second year forever if the 1st payment occurs four years from today (the 2nd payment will occur in six years etc...) and the interest rate is 4% compounded quarterly? Please round your answer to the nearest dollar.

A)$111,455 *
B)$109,364
C)$105,819
D)$86,653

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