roblem: Time Value of Money For each of the following questions, assume a discount rate of 5%.

a) What is the value today of $100 received at the end of each of the next five years?

b) What is the value in five years of five annual payments of $100, beginning one year from today?

c) What is the value today of $10 yearly payments, beginning in one year, continuing forever?

d) What is the value in five years of $10 yearly payments, beginning in one year, continuing forever?