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You have a structured settlement but you need cash now... so you call J.G. Wentworth and they make you a low-ball offer that you reject.

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You have a structured settlement but you need cash now... so you call J.G. Wentworth and they make you a low-ball offer that you reject. Your settlement calls for three payments of cash in the amounts of $70 paid one year from today, $87 two years from today, and finally, $13 three years from today. Assume the discount rate is 6.4%, what is the fair and present value of this lease? Skip the $ sign and answer to the nearest penny. QUESTION 5 What is Sultan Incorporated's WACC (no % sign and answer to two decimal places) if it has $15,601 with 9% after-tax cost of debt, $7,672 with 8% cost of preferred, and $11,372 with 13% cost of equity

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