QUESTION 8 Assume Ellina earns a 8 percent after-tax rate of return, and that she owes a friend $2,400. She can pay the friend $2.400 today or $3,500 in four years. What is the present value of the $3,500 payment due in four years? QUESTION 9 Jonah has the choice of paying Rita $20,000 today or $80,000 in ten years. Assume Jonah can earn a 10 percent after-tax rate of return. What is the present value of the $80,000 payment due in 10 years? QUESTION 10 Komiko Tanaka invests S13,000 in LymaBean, Inc. LymaBean does not pay any dividends. Komiko projects that her investment will generate a 11 percent before-tax rate of return. She plans to invest for the long term. How much cash will Komiko retain, after-taxes, if she holds the investment for 6 years and then she sells it when the long-term capital gains rate is 15 percent? QUESTION 11 $13,000 in LymaBean, Inc. LymaBean does not pay an y dividends. Komiko projects that her investment will generate a 11 percent before-tax rate of return. She plans to invest for the long term. If she holds the investment for 6 years and then she sells it when the long-term capital gains rate is 15 percent, what is her after-tax rate of return