Question: please help After completing a long and successful career as senior vice president for a large bank, you are preparing for retirement. After visiting the

After completing a long and successful career as senior vice president for a large bank, you are preparing for retirement. After visiting the human resources office, you have found that you have several retirement options to choose from a. An immediate cash payment of $108 million b Payment of $51,000 per year for life. c. Payment of $41000 per year for 5 years and then $61.000 per year for life (this option is intended to give you some protection against inflation) . DOK You believe you can earn 7 percent on your investments and your remaining life expectancy is 10 years. ant Required: 1. Calculate the present value of each option. (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Enter your answers in whole dollars, not in millions. Round the final answer to nearest whole dollor.) rences Present Value $ 1.080.000 Option A Option B Option C 2. Determine which option you prefer Option A Option B Optionc my wor Required information (The following information applies to the questions displayed below) Falcon Crest Aces (FCA), Inc., is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business Various information about the proposed investment follows: Initial investment Useful life Salvage value Annual net income generated FCA's cost of capital $ 150.000 $ 10 years 20,000 $ 3,600 10% Assume straight line depreciation method is used 4. Help FCA evaluate this project by calculating each of the following: Recalculate FCA's NPV assuming the cost of capital is 3 percent. (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided. Round your final answer to the nearest whole dollar amount.) Net Present Value
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