Prepare a serial bond redemption table for the following bond issue: Bond value: exist400/each Number of bonds issued: 50 Term: 5 years Coupon rate: 4%/year You're a contractor who needs to lease space for a field office during the five years of a construction project. The owner of the building where you want to rent space offers you three lease options. Each option assumes payment at the beginning of each year, and i = 4%year. Which option would you choose? a) First year annual rent of exist12,000, with an increase of exist2, 500/year for each of the next four years b) First year annual rent of exist12,000, with an increase of 18%/year for each of the next four years c) Constant rent of exist16, 900/year for five years. Your company needs a new CAD plotter. You have two options: buy or lease. With the rapid changes in computer technology, you'll only keep the plotter for five years and then replace it. Your buy/lease options are as shown in the table below, and i = 5%/year. Annual payments are made at the end of years 1, 2, 3 and 4. As president of the company, which option would you choose? For the above data, compute the present worth of both alternatives using a 40 year and 50 year life cycle. Then compare the ratios of Alternates A and B for each analysis period. Assume i = 4%/year