Anthony found two feasible options for an apartment to rent for the next 2 years. Option A requires monthly rent of $1,650 to be paid at the beginning of each month. Option B allows for end-of-month rent payments of $1,650 (same amenities as in option A}. Anthony uses a fairly high annual discount rate of 24% (sadly, he is also a high credit risk}. Find the PV of the future rent payments for both options over the 2-year time period and explain which one Anthony will prefer. if he bases his decision strictly on cash ow. [Round mot wine factorcalwiatians to 5 decimi places, 23. 1.25124 and nal mm to 2 decimal places 23. 5,125.36.) Click here to View the factor table Option A Option B Present value $ I $ ' Anthony would choose ' v , because he would effectively be paying l V' in rent over this two-year period. Blue Corp. is planning to replace an old asset with new equipment that will operate more efficiently. The following amounts may be relevant to this analysis. Cost of old asset $12,500 Book value of old asset $2,000 Selling price of old asset $2,000 Purchase price of new replacement asset $18,500 Estimated salvage value of new asset $2,000 Estimated useful life of new asset 5 years Estimated annual net operating cash inflows $2,700 /year for 5 years Discount rate 11% Tax rate 20% Determine which amounts listed are relevant cash flows for Blue Corp. as it considers this asset sale and replacement.Determine which amounts listed are relevant cash flows for Blue Corp. as it considers this asset sale and replacement. Cost of old asset Relevant Book value of old asset Irrelevant v Selling price of old asset Irrelevant v Purchase price of new replacement asset Relevant V Estimated salvage value of new asset Irrelevant v Estimated annual net operating cash inflows Relevant v Then, find the NPV of the new investment. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places e.g. 5,125.36. Enter negative amounts using either a negative sign preceding the number, e.g. -5,125.36 or parentheses, e.g. (5,125.36).) Click here to view the factor table NPV $