Your employer has agreed to make 80 quarterly payments of $400 each into a trust account to fund your early retirement. The first payment will be made 3 months from now. At the end of 20 years (80 payments), you will be paid 10 equal annual payments, with the first payment to be made at the beginning of Year 21 (or the end of Year 20). The funds will be invested at a simple rate of 8.0 percent, quarterly compounding, during both the accumulation and the distribution periods. How large will each of your 10 receipts be? (Hint: You must find the effective annual rate and use it in one of your calculations.) O $7.561 O $10.789 O $11,678 O $12.342 $13,119 hade Question 10 Opts The importance of capital budgeting decisions is due to all of the following factors except for: O the impact of a capital budgeting decision is long term, the firm loses some decision-making flexibility when capital projects are purchased. O effective capital budgeting can improve the timing of asset acquisition and the quality of assets purchased the acquisition of fixed assets typically involves substantial expenditures, and before a firm spends a large amount of money, it must have the funds available. capital budgeting techniques overcome the problems with error in forecasts for asset requirements and projected sales, we will still be able to determine if we should fund the project. O all of these are factors that make capital budgeting important. 0 pts