Many super bowl football tickets are resold online for several times their face value. as game day approaches, unsold tickets will likely:
a. rise in price to make up for unsold tickets.
b. rise in price to target desperate last-minute buyers.
c. fall in price because demand falls as game day nears.
d. fall in price to avoid letting the ticket go unsold.

What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695