In your future life you are at a dinner party and you run into a friend from ASU who is an attorney now. Your friend tells you that she is close to settling the biggest case of her career thus far. Her client became disabled as a result of a store slip and fall accident. It is estimated that her client will lose $200,000 annually in employment and benefits for the next 20 years. You are curious about the appropriate discount rate that attorneys use to determine today's settlement. Your friend replies that they use a risk free Treasury which currently runs about 1.50% Calculate the settlement amount by calculating the present value of the cash flows for the next 20 years discounted at the Treasury rate. Assume that the cash flows occur at the end of each period, (Round to the nearest dollar) Part A (7 points) Enter settlement amount $ Part B (3 points) If the Federal Reserve targets a higher Federal Funds rate, which increases the risk free Treasury discount rate, will your friend compute a higher or lower settlemeht? Enter higher or Lower