View Policies Current Attempt in Progress Riverbed Corporation is interested in acquiring Richmond Plastics Limited. Richmond has determined that its excess earnings have averaged approximately $176,400 and feels that such an amount should be capitalized over an unlimited period at a 14% rate. Riverbed feels that, because of increased competition, the excess earnings of Richmond Plastics will continue for 8 years at the most and that a 12% discount rate is appropriate. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (a) How far apart are the positions of these two parties? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 5,275.) Difference $