1. The present value of $100 expected in two years from today at a discount rate

1. The present value of $100 expected in two years from today at a discount rate of 6% is: a. $116.64b. $108.00c. $100.00d. $89.002. Present Value is defined as: a. Future cash flows discounted to the present at an appropriate discount rateb. Inverse of future cash flowsc. Present cash flow compounded into the futured. None of the above3. If the interest rate is 12% what is the 2- year discount factor? a. 0.7972b. 0.8929c. 1.2544d. None of the above4. The managers of a firm can maximize stockholder wealth by: a. Taking all projects with positive NPVsb. Taking all projects with NPVs greater than the cost of investmentc. Taking all projects with NPVs greater than present value of cash flowd. All of the above