Team-us-cast-s-prod-topol-rthosis amazonaws.com! 6. You are currently 20 years old. You will receive $10,000 annually for the next 30 years. If the interest rate is 8%, what would the PV of these cash flows be? A. $112,577.83 B. $10,000 C. $98,181.47 D. $9.937.73 7. You have been purchasing $10,000 worth of stock annually for the past 15 years and now have a portfolio valued at $500,000, What is your annual rate of return? A. 10.25% B. 11.33% C. 15.60% D. 14.39% 8. What is the yield to maturity of a bond paying interest annually with a $1000 par value, a 7% annual coupon rate, 25 years to maturity, currently selling for $804? I MacBook Pro 1. What is the PV of $1,000,000 to be received in 10 years at an interest rate of 7.5%? A. $1,085,000.85 B. $85,000 C. $442,285.42 D. $485,193.93 2. What is the FV of $1,000,000 to be invested for 5 years at an interest rate of 6%? A. $1,850,000.85 B. $2,000,007.38 C. $1,006,006,37 D. $1,338,225.58 3. Assume the total cost of a college education will be $400,000 when your child enters college in 18 years. You presently have $85,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? A. 5.23% B. 6.45% C. 8.99% D. 10.34% 4. If you just made a $70,000 deposit in Second City Bank and the bank pays 8 percent interest compounded annually. How much money you will have in 10 years? A. $151,124.75 B. $100,567.86 C. $104,476.84 D. $200,456.28 5. Suppose you are committed to owning a $250,000 Ferrari. If you believe your mutual fund can achieve a 14 percent annual rate of return and you want to buy the car in 8 years on the day you turn 30, how much must you invest today? MacBook Pro