2. What is the monthly rate of interest that will yield an EAR of 12%? What's the quarterly rate? 3. Which of the following do you prefer most if you expect 7% annual rate of return? A. Pay $ 100 now and receive $60 today and $60 in four years. B. Pay $200 now and receive $12 every year, forever. C. Pay $50 annually for five years, starting now, and receive $30 annually for twenty years, starting the end of the sixth year. D. Pay $50 now and receive $9 every other year, forever, with the first payment being next year