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o If you are willing to pay $48,106.00 today to receive $4,426.00 per year forever then your required rate of return must be %6. Assume

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o If you are willing to pay $48,106.00 today to receive $4,426.00 per year forever then your required rate of return must be %6. Assume the first payment is received one year from today. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Wil accept decimal format rounded to 4 decimal places (ex: 0.0924)) If you are willing to pay $24,747.00 today to receive a perpetuity with the first payment occurring next year then the payment must be $ Assume a 6.00% discount rate. Submit Answer format: Currency: Round to: 2 decimal places. What discount rate would make you indifferent between receiving $3,814.00 per year forever and $5,001.00 per year for 22.00 years? Assume the first payment of both cash flow streams occurs in one year. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924) Today is Derek's 25th birthday. Derek has been advised that he needs to have $2,248,074.00 in his retirement account the day he turns 65. He estimates his retirement account will pay 10.00% interest. Assume he chooses not to deposit anything today, Rather he chooses to make annual deposits into the retirement account starting on his 27.00th birthday and ending on his 65th birthday. How much must those deposits be? Today is Derek's 25th birthday. Derek has been advised that he needs to have $2,248,074.00 in his retirement account the day he turns 65. He estimates his retirement account will pay 10.00% interest. Assume he chooses not to deposit shannon in make annual densits into the retirement account starting on his 27.00th birthday

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