QUESTION 6 A corporation has promised to pay $1,000 twenty years from today for each bond sold now. No interest will be paid on the bonds during the twenty years, and the bonds are said to offer a 7% interest rate. Approximately how much should an investor pay for each bond? O $70.00 $258.42 $629.56 o $857.43 QUESTION 7 What is the present value of the following stream of cash flows: 4,000 in one year, 8,000 in two years and 12,000 in three years if the discount rate is 10%? O 19,264 O 21,455 O 23,565 0 25,439