2. Capital budgeting problems: a. Doctor Corp. expects to receive $311,000 each year forever for their product, the Tardis. Calculate the current value of the product to the company assuming its rate of return is 8.8%. b. From question "a", calculate the value assuming the rate of return is 8.2%. c. Hartnell Inc. expects to receive $572,000 each year for 12 years from the sale of its product, the sonic screwdriver. Calculate the current value of the product to the company assuming its rate of retum is 9.3% d. From question "e". Calculate the value if the rate of return is 10.3% e. From question "d". Calculate the value of the cash was received at the beginning of each year