NPV Simes Innovations, Inc, is negotiating to purchase exclusive rights to manufacture and market a solar powered toy car The car's inventor has offered Simes the choice of either a one-ime payment of $2,100,000 today or a series of 8 year end payments of $375.000 a. "Simes has a cost of captal of 11%, which lam ol payment should choose? b. What yearly payment would make the two offers identicall in value at a cost of capital of 11% c. What would be your answer to part a of this problom & the yearly payments were made at the beginning of each year? d. The ather tax cash inlows associated with this purchase are projedled to amount to $243,750 pr year for 16 yoars, Wll this fector change the tim's decision about how to flund the iniital leestment nTSheshan acost of capital of 11%, tepresent wlue ofthe arniy is S ond thenearest dela ) Enter your answer in the answer box and then dlick Cheek Aneer Type here to search