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13 How much is the present value of $10,000,000 toll road that you are receiving today? The toll road was purchased for $5,000,000, 3 years

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13 How much is the present value of $10,000,000 toll road that you are receiving today? The toll road was purchased for $5,000,000, 3 years ago and $3,000,000 of repairs where instituted. The toll road generates $1,000,000 in tolls. 14 A $1000 perpetuity was purchased in 1926 with a coupon rate of 5%. What is its value, if the market rate is 10 %? What is its value, if the market rate is 2%? 15 Rule of 72. What is the annual rate of return of an investment that has quadrupled in 6

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