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QUESTION 1 Bruce Wayne, aka Batman, wants to sell his Batmobile to the highest bidder. Iron Man offered him $60,000 in two months plus another

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QUESTION 1 Bruce Wayne, aka Batman, wants to sell his Batmobile to the highest bidder. Iron Man offered him $60,000 in two months plus another $198.000 in thirteen months time. Superman on the other hand, offered $10,000 today plus $240,000 in nine months time. Assume Batman can earn 6% annual return on his investments, a what are the economic values of the two offers today? Only round all dollar amounts to two decimal places. (4 marks) by Should Batman sell his Batmobile to Iron Man or Superman? (1 mark)

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