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For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present

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For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years 10 2 Interest Rate 6% 11 Future Value 17,928 42,117 796,382 653,816 14 14 19 13 Imprudential, Inc., has an unfunded pension liability of $761 million that must be paid in 30 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present If the relevant discount rate is 9 percent, what is the present value of this liability? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) Present value You have just received notification that you have won the $2.05 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 75 years from now. What is the present value of your windfall if the appropriate discount rate is 10 percent? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) Present value

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