ex s Dickie Bennett Enterprises has an unfunded pension liability of $600 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. The relevant discount rate is 5 percent. What is the present value of this liability? $246,033,454 $215,731,540 $195,831,775 $226,133,690 $210,075,198 Question 2 1 pts You own a painting that is currently valued at $54,000. If the value increases by 4 percent annually, how much will the painting be worth eight years from now? O $73.466 $64.341 $71,280 O $73,903 O $70,738 Question 3 1 pts Cedric bought some farm land for $49,850. Today that same land is valued at $83,000. How long has Cedr wned this land if the price has been increasing at 4 percent per year? 11 years O 12 years 13 years O 14 years 10 years Question 4 1 pts Twenty-five years ago, Jamie Lannister invested $10,000. Today that investment is worth $211,836. What annual rate of return did Lannister earn on his investment? 11.50 percent 12.50 percent 12.33 percent O 12.99 percent O 12.87 percent D Question 5 1 pts You own a baseball card that is currently valued at $30. If the value increases by 5 percent annually, how much will the card be worth twenty years from now? O $26.53 O $54.00 $79.60 $74.65 O $86.44