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An investor is considering the following opportunity: He will put capital into a start-up company today. He will not receive any cash flows from the investment until end of the 5th year. At that point, he will receive 11.00 years of $11,200.00 per year. If his discount rate on this investment is 16.00%, what is the value of this opportunity today? Submit Answer format: Currency: Round to: 2 decimal places. A successful businessman is selling one of his fast food franchises to a close friend. He is selling the business today for $2,740,800.00. However, his friend is short on capital and would like to delay payment on the business. After negotiation, they agree to delay 4.00 years before the first payment. At that point, the friend will make quarterly payments for 19.00 years. The deal calls for a 6.00% APR "loan" rate with quarterly compounding. What quarterly payment will the friend make on the loan? Submit Answer format: Currency: Round to: 2 decimal places