You recently received a patent related to a medical device that is used to help analyze blood samples. A health care private equity firm is interested in the technology and has offered to purchase the patents and all rights to the technology for $50 million, payable in 20 quarterly payments of $2.5 million starting exactly six months from today. If the interest rate implicit in the agreement is 6% APR, compounded quarterly, what is the present value of the payments you will receive?