A coin sold at auction in 2017 for $6,788,000. The coin had a face value of $5 when it was issued in 1990 and had previously been sold for $280,000 in 1967 a. At what annual rate did the coin appreciate from its first minting to the 1967 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What annual rate did the 1967 buyer earn on his purchase? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) At what annual rate did the coin appreciate from its first minting to the 2017 sale? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. & Answer is complete but not entirely correct. Rate of return from 1790 to 1967 Rate of return from 1967 to 2017 Rate of return from 1790 to 2017 C. In 1895, the first Putting Green Championship was held. The winner's prize money was $200. In 2016, the winner's check was $1,480,000. a. What was the percentage increase per year in the winner's check over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If the winner's prize increases at the same rate, what will it be in 2043? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Increase per year b. Winners prize in 2043 Imprudential, Inc., has an unfunded pension liability of $573 million that must be paid in 20 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 6.6 percent, what is the present value of this liability? (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e.g., 1,234,567.89) Present value