Taylor Swift is selling 40 year rights to her music catalogue and you must make an offer to buy it today. Assume you have unlimited funds but require a return on your money of 9%. You would own all the rights which will give you a $49.70mm annual payment for 40 years. The important twist is the first payment is collected three years from today. What is your offer? Question 19 options: $645mm $750mm $450mm $600mm $950mm $535mm