Yes, the payback is 4.25 years. No, the payback is 5.25 years. Yes, the payback is 3.00 years. Question 13 9 pt An insurance company promises to pay Jane $1 million on her 65th birthday in return for a one-time payment of $125,000 today. (Jane just turned 30.) At what rate of interest would Jane be indifferent as to whether to accept the company's offer or invest the premium on her own? O 3.4% O 5.1% O 4.5% 06.1% O 7.2% Question 14 9 pts You are a day trader of stocks and have discovered that you can earn unusually large returns by purchasing stocks at the open of the day's trading, selling them at noon, buying the shares back at 1:00, and selling the shares again right before the market close. Which of the following describes this trading strategy