(Suggested time for completion: 7 minutes) Given an annual interest rate of 8.0%, compute the present value of an ordinary annuity cash flow of $2,000 per year for twenty years. For TVM excel file, click here If instead the PV tables are preferred, click here. *Use 4 digits in your calculations and 2 digits in your answer. 1) $226,566.40 2) $23,849.20 3) $22,515.60 4) $91,524.00 5) $518,113.00 6) $19,636.20 7) $60,000.00 (Suguested time: 6 minutes) What is the future value (FV) of $200 that are invested today at an annual interest rate of 9% for three years. The FV is $243.10 The FV is $259.00 The FV is $237.62 The FV is $282.32 The FV is $220.50 The FV is $272.10 The FV is $267.64 The FV is $307.72 The FV is $293.86 (Time allowance estimation: 7 minutes) Big-Small Corp. will start selling 10-year, 8% coupon rate, bonds today with a yield to maturity (YTM) of 10%. The bonds have semiannual coupon payments and a par value of $1,000. What is the price of the bond today? The choices below are rounded to the nearest dollar. 875 830 846 O877 828 848