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-time payment of $2,800,000 today or a series of 10 year-end payments of $375,000 a. I Simes has a cost of capital of 14%, which form of payment should i choose? b. What yearly payment would make the two offers identical in value at a cost of capital of 1487 c. What would be your answer to part a of this problem if the yearly payments were made at the beginning of each year? d. The ather-tax cash inflows associated with this purchase are projected to amount to $243750 per year for 15 years. Will this factor change the firm's decision about how to fund the initial investment? a. Simes has a cost of capital of 14% the present value of the annuity is SL (Round to the nearest dollar)