1. Capital budgeting problems:

a) Baker Inc. expects to receive $440,000 in 5 years from the sale of its product, the Begonia Pope scarf. Calculate the value of the product to the company assuming its rate of return is 8%.

b) Baker Inc. expects to receive $44,000 each year for 5 years from the sale of its product, the Begonia Pope scarf. Calculate the value of the product to the company assuming its rate of return is 8%.

c) From Question "b", calculate the value assuming it received $440,000 each year for 5 years but received funds quarterly.

d) From Question "b", calculate the value assuming it received $440,000 each year for 5 years but received funds semi-annually.

e) From Question "b", calculate the value assuming it received $440,000 each year for 5 years but received the first payment on the date of sale.

Note: The problems are from one question. Please provide step-by-step answers and the formula used to answer each problem.