5. Suppose you are committed to owning a $250,000 Ferrari. If you believe your mutual fund can achieve a 14 percent annual rate of return and you want to buy the car in 8 years on the day you turn 30, how much must you invest today? A. $100,897.35 B. $34,987.67 C.$76,500.86 D. $87,639.76 6. You are currently 20 years old. You will receive $10,000 annually for the next 30 years. If the interest rate is 8%, what would the PV of these cash flows be? A. $112,577.83 B. $10,000 C. $98,181.47 D. $9,937.73 7. You have been purchasing S10,000 worth of stock annually for the past 15 years and now have a portfolio valued at $500,000, What is your annual rate of return? A. 10.25% B. 11.33% C. 15.60% D. 14.39% 8. What is the yield to maturity of a bond paying interest annually with a $1000 par value, a 7% annual coupon rate, 25 years to maturity, currently selling for $804? A.9 B. 7 C. 14 D. 18