11 (1 point) TVM Question: You inherit $50,000 and decides to deposit the entire amount into your retirement account. If you earn an 11% annual return on the investment, how much will you have in the account when you retire in 45 years? $1,248.934 $49,331,928 $5,476,512 $450,396 Question 12 (1 point) Bonds Question: If the stated interest rate is LOWER than the market/effective interest rate, the bonds will be issued at a DISCOUNT. True False Question 13 (1 point) TVM Question: Anders Laboratories is considering acquiring a drug patent. The patent has 11 years remaining, and the drug is expected to generate annual net cash inflows of $12 million per year. For ease of computation, assume that all of these annual cash inflows from the patent occur at the end of the year. What is the maximum amount Anders Laboratories should be willing to pay for the patent today, assuming an expected return of 8% ? $5,146,594 $199,745,850 $85,667,571 $27,979,668