1. Calculate the future value at the end of year 4 of the following series of bank deposits that earn 4% interest rate per year. CF = $500; CF. = $648. FC; = $820; CF. = $1,290. 2. A financial asset whose required rate of return is 12% promises the following series of future cash flows: CF = $1,250; CF: = $2,360; CFs = $4,500; CF. = $27,500. How much would you be willing to pay to acquire the asset today