PVSimes 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 $1 comma 500 comma 000 today or a series of 5 year-end payments of $385 comma 000. a.If Simes has a cost of capital of 9%, which form of payment should it choose? b.What yearly payment would make the two offers identical in value at a cost of capital of 9%? 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 after-tax cash inflows associated with this purchase are projected to amount to $250 comma 000 per year for 15 years. Will this factor change the firm's decision about how to fund the initital investment?.