Question: You are considering an investment that promises to pay $500 every week for 2 years with the first payment made immediately. If the opportunity cost

You are considering an investment that promises to pay $500 every week for 2 years with the first payment made immediately. If the opportunity cost of the investment is 10% p.a. compounded quarterly, what is the investment’s value today?

A: $47,141.27

B: $47,089.12

C: $46,605.89

D: $47,179.67

E: $47,230.90

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