You forecast the future cash flow of Jaffe Ltd, a young growing company. You expect fast growth through the first four years, at which time the company will mature and you expect it to grow by 2% per year forever more after. The following are the forecast cash flows: Year 1: $5 million Year 2. $10 million Year 3: $15 million Year 4: $20 million Year 5: $20.4 million Year 6: $20,808 million Year 7 onward: continued growth at 2% per year The discount rate is 9%. What is the value of Jaffe today at Year O? (Do not round intermediate calculations. Report your result in millions of dollars Round the final answers to 2 decimal places. Omit $ sign and the word "million in your response. For example, if your answer is $1,234,567 just write 1.23.) HSBC bank is offering loans at an interest rate of 4.5% per annum compounded semi-annually. What is the equivalent annual rate KEAR)? Do not round intermediate calculations Report your result as a percentage Round the final answers to 2 decimal places. Omit the % sign in your response. For example, if your answer is 3.21%, just enter 3.21) Numeric Response Your investments are earning 4% per annum compounded annually. You would like to compare this to the yield on bonds which are quoted on a compounded semi-annual basis. What is the equivalent return that you are earning per annum on a compounded semi-annual basis? (Do not round intermediate calculations. Report your result as a percentage. Round the final answers to 2 decimal places, Omit the % sign in your response. For example, if your answer is 3.21%, just enter 3.21) You forecast the future cash flow of Jaffe Ltd, a young growing company. You expect fast growth through the first four years, at which time the company will mature and you expect it to grow by 2% per year forever more after. The following are the forecast cash flows: Year 1: $5 million Year 2. $10 million Year 3: $15 million Year 4: $20 million Year 5: $20.4 million Year 6: $20,808 million Year 7 onward: continued growth at 2% per year The discount rate is 9%. What is the value of Jaffe today at Year O? (Do not round intermediate calculations. Report your result in millions of dollars Round the final answers to 2 decimal places. Omit $ sign and the word "million in your response. For example, if your answer is $1,234,567 just write 1.23.) HSBC bank is offering loans at an interest rate of 4.5% per annum compounded semi-annually. What is the equivalent annual rate KEAR)? Do not round intermediate calculations Report your result as a percentage Round the final answers to 2 decimal places. Omit the % sign in your response. For example, if your answer is 3.21%, just enter 3.21) Numeric Response Your investments are earning 4% per annum compounded annually. You would like to compare this to the yield on bonds which are quoted on a compounded semi-annual basis. What is the equivalent return that you are earning per annum on a compounded semi-annual basis? (Do not round intermediate calculations. Report your result as a percentage. Round the final answers to 2 decimal places, Omit the % sign in your response. For example, if your answer is 3.21%, just enter 3.21)