What is the present value (PV) of an annuity that pays $1,250 per year for the next 60 years if the appropriate interest rate is 4%? $28,279 36 $118 83 $297 488.36 575.000 The 10 percent preferred stock or Snowmobiles Sports, Inc. is currently selling for $50 per share. If the par value is $200. what is the cost of preferred stock to the 5.00% 7.50% 10.00% 40.00% What is the present value of $3,000,000 in your investment account 30 years from now that you will have if you can earn a 4 percent rate of return? 5924956.00 $95.154.85 52884,615 39 59 730,912.53