5. You are currently at time period 0, and you will receive the first payment on an annual payment annuity of $100 in perpetuity at the end of year one. Six full years from now you will receive the first payment on an additional $150 in perpetuity, and at the end of time period 10 you will receive the first payment on an additional $200 in perpetuity. If you require a 10 percent rate of return, what is the combined present value of these three perpetuities? a. $2,349.50 b. $2,526.85 c. $2,685.42 d. $2,779.58 e. $2.975.40 6. Assume that your required rate of returm is 12 percent and you are given the following stream of casth flows: Year Cash Flow 15,000 15,000 15,000 20,000 If payments are made at the end of each period (year), what is the present value of the cash flow a. $66,909 b. $56,909 c. $61,815 d. $52,345 e. $62,029 at a 20 7. What is the future value of a 5-year ordinary annuity with annual payments of $200, evaluated percent interest rate? a. S 670.44 b. 842.91 c. $1,169.56 d. $1,488.32 8. Given some amount to be received several years in the future, if the interest rate increases present value of the future amount will be e. $1,348.48 a. Higher b. Lower. c. Stay the same. Cannot tell. Variable