What is the value today of this investment

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An investment will provide cash flows of $10,000, every third year, forever!!! The first cash flow will be received one year from today (t=1); the second four years from today (t=4), etc. a) What is the value today (t=0) of this investment if the required return is 6% per year, compounded annually? (Please use 4 digit accuracy when making your calculations). b) What is the value today (t=0) of this investment if the required return is 6% per year, compounded semi-annually? (Please use 4 digit accuracy when making your calculations).

Reference no: EM131964225

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