8. An investment will make one payment of $76,400 five years from now. What's the current value of this investment if the nominal rate of return is 5.4 percent? A. $72,485.77 B. $4,125.60 C. $58,734.10 D. $1,414,814.81

. You own 500 shares of Company A, which you purchased for $34.20 a share. Puts on the company's stock sell for $1.50 for a strike price of $55. What will be the cost to obtain this strike price? A. $750 B. $16,640 C. $82.50 D. $15,440

3. Suppose you want to convert U.S. dollars to British pounds. If you have $60,000 and the exchange rate is $1.34 per pound, how many pounds will you receive in the conversion? A. $44,776.12 B. $80,400.00 C. $15,223.88 D. $47,476.12