15. In January 2007, the average price of an asset was $27,758. 6 years earlier, the average price was $22,308. What was the annual increase in selling price? A. -3.58% B. 4.45% C. 4.08% D. 3.71% E. 3.34% 16. Imprudential, Inc., has an unfunded pension liability of $600 million that must be paid in 20 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 6.5 percent, what is the present value of this liability? A. $170,278,217 B. $156,655,960 C. $173,683,781 D. $166.872,653 4 E. $183,431,176