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As winner of a breakfast cereal competition, you can choose one of the following prizes: a. If the interest rate is 12%, find the PV

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As winner of a breakfast cereal competition, you can choose one of the following prizes: a. If the interest rate is 12%, find the PV for each of the prizes. (Do not round intermediate calculations. Round your answer to 2 decimal places.) PV $250000 now. $195000 at the end of five years. $18900 a year forever. $26500 for each of 10 years. $8000 next year and increasing thereafter by 5% a year forever. b. Which is the most valuable prize? $250,000 now. $195,000 at the end of five years. $18,900 a year forever. $26,500 for each of 10 years

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