4. What is the present value of $100 to be received five years from now at an interest rate of 6 percent? a. $133.82 b. $421.24 c. $23.74 d. $52.15 e. $74.73 25. You currently have an investment fund worth $10,000 and the fund earns 8 percent per year. If you wish to withdraw $2,500 per year from the fund beginning at the end of this year, approximately how long will the fund last? a. 4 years b. 5 years c. 6 years d. 7 years e. indefinitely 26. Given the following information, determine which beta coefficient for Stock A is consistent with equilibrium: a. 0.86 b. 1.26 c. 1.10 d. 0.80 c. 1.35 27. What is the present value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate? a. $670.43 b. $842.91 c. $1,169.56 d. $1,348.48 e. $1,522.64 28. If a 5-year ordinary annuity has a present value of $1,000, and if the interest rate is 10 percent, then what is the amount of each annuity payment? a. $240.42 b. $263.80 c. $300.20 d. $315.38 c. $346.87