1. If the one-year discount factor is 0.8333 what is the discount rate (interest rate) per year? a. 10%b. 20%c. 30%d. None of the above2. If the present value of $480 to be paid at the end of one year is $400 what is the one-year discount factor? a. 0.8333b. 1.20c. 0.20d. None of the above3. If the present value of $250 expected to be received one year from today is $200 what is the discount rate? a. 10%b. 20% c. 25%d. None of the above4. If the one-year discount factor is 0.90 what is the present value of $120 to be received one year from today? a. $100b. $96c. $108d. None of the above