Suppose you just bought an annuity with 9 annual payments of $15,300 at the current interest rate of 10.75 percent per year. a. What is the value of the investment at the current interest rate of 10.75 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What happens to the value of your investment if interest rates suddenly drop to 5.75 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What happens to the value of your investment if interest rates suddenly rise to 15.75 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Present value at 10.75 percent b. Present value at 5.75 percent Present value at 15.75 percent c