U Question 18 3 pts Gregory will receive a one-time payment of $450,000 from his trust fundin 25 years from today. He expects 4% in inflation every year until then. How much is his trust fund payment worth in today's dollars! O $450.000 5169.605 O $540.000 $168.804 D Question 19 3 pts On January 1, 2020 Davison Corp. issues $1.200.000 in 10 year bonds that pay 4% Interest payments are made semi-annually The market rate for bonds of similar riskiness is 5%. How much cash will Davison Corp receive from this issuance of bonds? Exam Blank Excel File-1.xlsx $1.050.453 $1,106,464 $1.298,109 O $1,200,000 Question 20 3 pts On January 1, 2020 Davison Corp. issues $1.200,000 in 10 year bonds that pay 4%. Interest payments are made semi-annually The market rate for bonds of similar riskiness is 5% How much cash will Davison Corp pay the bondholders for 1 Interest payment? $15.000 $40.000 $30.000 $24.000 3 pts Question 21 On January 1, 2020 Davison Corp. issues $1,200,000 in 10 year bonds that pay 4% Interest payments are made semi-annually The market rate for bonds of similar riskiness is 5% How much interest expense will Davison recognize when it makes its first interest payment? $27,662 $24,000 $45.000 $55.323