QUESTION 12 Your advisor offers you a product that will pay you back 1000 dollars per year forever, starting next year. The growth rate in the payments will be 2% - so your first payment will be 1000, then after that 1020, etc. The discount rate is 4%. What are you willing to pay for this product? O 25000 O 50000 O 75000 O 41000 QUESTION 13 What is the value of an investment if annual cash flows of $5.000 are paid to you, the first annual cash flow is in 1 year, the last annual cash flow is in 4 years, and the expected return is 6.0 percent per year? O 17325.53 20165.33 O 30156.39 12045.55 QUESTION 14 What is the present value of the cash flows associated with a lease that involves - Annual payments of $1.000 from you for 4 years with the first one in 1 year - An additional $2,000 payment from you in 2nd year - A cost of capital of 5 percent per year 0 3490.21 O 2098.91 5360.01 4299.55