Question: 5. ( 3 points) You inherit a security that pays a fixed amount of money at the beginning of each year indefinitely (no end date).

5. ( 3 points) You inherit a security that pays a

5. ( 3 points) You inherit a security that pays a fixed amount of money at the beginning of each year indefinitely (no end date). The current valuation (PV) of the entire security is $10,000. If the current annual interest rate is 8%, what is the security's annual payment? This year's annual payment is included in the current valuation. A. $81.48 B. $740.74 C. $800.00 D. $125,000.00 E. $135,000.00

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