Present value (L09-3) Les Moore retired as president of Goodman Snack Foods Company but is currently on a consulting contract for $35,000 per year for the next 10 years 1. If Mr. Moore's opportunity cost (potential return) is 10 percent, what is the present value of his consulting contract? I would like to retire today with my first annuity payment received at then d of this year, How much do I need today if I require a 15 year annuity of $120,000 per year and earn (%) How much do I need today if I require a 35 year annuity of $75,000 per year and earn 6%