What is the present value of a perpetuity of $500 per year at an interest rate of 14%? O $4,071. $3,571. O $5,000. O $7,000. An ordinary annuity of $15,000 has a future value of $887,346. What is the length of the annuity if the interest rate is 6%? 26 years. 24 years. O 22 years: 20 years, How much would you pay today for an investment offering a lump sum of $7,500 in fourteen years if you hoped to earn a return of 12 percent? O $1.925.06. $1,197.82. $1,534.65. O $1,556.69. The bonds of the Henry Corporation have 20 years of life remaining. Each bond pays $75 interest at the end of every year and also pays its principal amount of $1,000 at the end of the 20th year. If investors require a 12% rate of return on these bonds, at what price should they be selling for today? $1,153.39. $103.67 O $560.21 $663.88. Steve can buy an investment that will pay him $1,533.71 per year for the next ten years, starting one year from today. If he pays $8,000 for this investment, what rate of return will he earn? 10% O 12% 16% 14%