The present value factor will decrease: The longer the period of time. The slower the rate of growth. The higher the present value. @ The lower the interest rate. The higher the future value. D Question 25 1 pts Calculate the present value of a growing annuity, based on the following: yearly cash flows. $67,000 cash flow growth rate3% compounded annually required rate of return - 8% with annual compounding timeframe 45years. $1,180,251 51.179 251 $1.182.251 $1,183251 $1,181.251 D Question 23 1 pts Danielle finished her Edwards business degree with a finance major several years ago. She quickly realized that she had convocated at the right time - between her high marks and an upsurge in the markets, she had her choice of employers. In fact, one company offered her either a signing bonus of $1,000,000 when she started working for them or a lump sum of $1.500.000 three years after her hire date. If Danielle could eam 7% on her invested funds, which of the following things should she do? Take the lump sum because it has the lower future Value Take the signing bonus because it has the lower present value Based on these numbers, you are indifferent between the two Take the lump sum because it has the higher present value Take the signing bonus because it has the higher future value