Question 6 10 pts You just won the Florida lottery. You will receive $1,000,000 a year at the end of each of the next 30 years. Assume that the current interest rate is 6%. What is the Present Value of the Cash Flows to you today? (Find the Present value of an ordinary annuity factor at 6%, for 30 period and then multiply the factor with $1,000,000) By tor $11,364,530 O $12.763,350 O $13.764,830 O $14,961,230 $15,462,610 None of the answers is correct Question 9 10 pts $ urvey An analyst gave us the the following information: The Real Rate of Interest: r = 1.5% Inflation Premium (IP) is expected to be: Year one = 3%, Year two = 4%, and Year three = 5% Maturity Risk Premium (MRP) = 0.1 X (t-1)% Liquidity Premium (LP) for a long term security-0.25% Default Risk Premium (DRP) for a long term security 2% What is the Yield on a 3-year Corporate Bond? roctor rse 4.25% 0 5.95% 6.21% 7.95% OBX None of the answers is correct Question 13 10 pts XYZ Corporation issues/sells five year bonds. The par value of each bond is $1,000. Due to the market demand XYZ sells bonds at a premium price: $1,075 for each bond. What amount XYZ promises to repay to the bondholder for each bond on the maturity date? $1,000 O $1.075 $0 None of the answers is correct