An investment will pay $10,000 each year for 10 years, with the first payment occurring one year from now. If the required return is 8%, what is the value of this investment? What wo uld be the value if the payments occurred for 20 years? 40 years? Forever? What does this tell you about F IN 310 H Fall 2017 Excel Time Value of Money Homework Due Oct. 11 before 11:59 pm the relationship between time and present value – think about this , it may not be as obvious as you think. Hint: Remember that the “value” of an investment refers to the present value.