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2. There are two business deals: The business deal A reveals that you have to invest $250,000 today. After that you will get $75,000 in

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2. There are two business deals: The business deal A reveals that you have to invest $250,000 today. After that you will get $75,000 in a year, $75,000 in two years, $100,000 in three years, and $100,000 in four years. On the other hand, another business deal B has the $300,000 initially investment. After that you will get $75,000 in a year, $75,000 in two years, $100,000 in three years, and $150,000 in four years. Please respond to the following questions: a) If the current interest rate is 10% APR, what is the Present Value of each business deal? (2 pts each) b) Which business deal will you take? (2 pts) Why? (2 pts)

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