You own a $50,000 corporate bond with a bond interest rate of 6% payable monthly that is due 10 years from now. If you want to sell it today and realize a rate of return of 12% per year com- pounded monthly, the amount you must receive is closest to: 

1. The present worth of machine X is closest to: 

a. $−65,270 

b. $−87,840 

c. $−103,910 

d. $−114,310 

2. In comparing the machines on a present worth basis, the present worth of machine Y is closest to: 

a. $−65,270 

b. $−97,840 

c. $−103,910 

d. $−114,310 

3. The capitalized cost of machine X is closest to: 

a. $−103,910 

b. $−114,310 

c. $−1,039,080 

d. $−238,580