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Question 9 2 pts An ordinary annuity has a present value of $12,000. What would be the present value if the first payment were not

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Question 9 2 pts An ordinary annuity has a present value of $12,000. What would be the present value if the first payment were not received until the end of year 9? Assume a cost of capital of 11%. Question 10 2 pts What is the present value of a perpetuity that pays $5,000 per year if the cost of capital is 8.3%? Assume payments occur at the end of the year

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