Which of the following is the dis-advantage of a corporation? Select one: O a. single taxation O b. unlimited liability O c. profit is taxed once d. managers don't want to work hard for owners e. none of the above Your friend promises you an annuity of $1 every year for 8 years. The first payment occurs at year 1, which of the following is right about its present value at year zero ifr = 5%? Select one: a. $6.46 O b. $6.16 c. $5.51 d. No enough information O e. None of the above You have bought a house today at the price of $500,000. In the next two years, you will get a rent of $50,000 each year. In year 3, there is no rent income but you will sell the house at the price of $800,000. Suppose the discount rate (interest rate) is always 10% each year. What is the present value at time zero for the rent income at year 1? Select one: O a. $50,000.00 O b. $41,322.31 O c. $45,454.55 O d. $42,455.55 e. None of the above You have bought a house today at the price of $500,000. In the next two years, you will get a rent of $50,000 each year. In year 3, there is no rent income but you will sell the house at the price of $800,000. Suppose the discount rate interest rate) is always 10% each year. What is the present value at time zero for the rent income at year 2? Select one: O a. $50,000.00 O b. $41,322.31 c. $42,322.31 O d. $43,322.31 e. None of the above