An investor can make an investment in a real estate development and receive an expected cash return of $75,000 after three years. Based on a careful study of other investment alternatives, she believes that an 18 percent annual return compounded quarterly is a reasonable return on this investment. a. How much should she pay for it today? b. what should she pay if she revises her hurdle rate (minimum return) to 14% compounded quarterly? 6. 7. Walt is evaluating an investment that will provide the following returns at the end of each of the following years: year 1, $12,500; year 2, $10,000; year 3, $7,500; year 4, $5,000; year 5, $2,500; year 6, $0; and year 7, $12,500. Walt believes that he should earn an annual rate of 9 percent on this investment, compounded monthly. How much should he pay for this investment