You are considering the following one-year investments: (i) Bank A promises to pay 10% on you deposit compounded annually. (II) Bank B promises to pay 10% on you deposit compounded daily. So, you want to compute Effective Annual Rates (EAR). What are the correct EARs for these banks? a. Bank A 10.5%, Bank B 10.8% b. Bank A 10%, Bank B 10.5% C. Bank A 10%, Bank B 10.8% d. Bank A 10.5%, Bank B 10.5% e. Bank A 10%, Bank B 10.3% MetLife Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $35,200 per year forever. If the required return on this investment is 4.4 percent, how much will you pay for the policy? a. $753,728.43 b. $763,209.46 c. $773,809.52 d. $799,291.34 e. $800,000.00