Assume a property has the following income stream. What is the internal rate of return? Question 1 Not yet answered Points out of 1.00 -6,000 1,000 1,000 1,000 1,000 P Flag question 0 1 2. 3 4 Select one: a.-14.45% b.-15.45% O c. 15.45% O d. 14.45% Calculate the present value of the income stream given below assuming annual discount rates of 8%. Question 2 Not yet answered Points out of 1.00 Year Income 1 $4,000 2 $3,000 P Flag question 3 $3,000 4. $7,000 Select one: O a. 23,789.56 O b. 13,802.43 O c. 12,940.56 O d. 13,094.56 Question 3 Not yet answered Dr. Bob Jackson owns a parcel of land that a local farmer has offered to rent for the next 10 years. The farmer has offers to pay $20,000 today or an annuity of $3,200 at the end of each of the next 10 years. Which payment method should Dr. Jackson accept if his required annual rate of return is 10%? Select one: Points out of 1.00 O a. $20,000 today P Flag question O b. Annuity of $3,200 at the end of each of the next 10 years O c. The two payment methods are equally good O d. None of the above Question 4 How much would you pay for the right to receive $80 at the end of 10 years if you can earn 15% annual interest? Not yet answered Points out of 1.00 Select one: O a. 9.77 O b. 18.77 P Flag question O c. 19.77 O d. 20.77