1. A person has purchased a bond on June 21, 2019, at a price of Rs. 105. The bond has a face value of Rs. 100 and a coupon of 10% p.a. payable half-yearly on June 30 and December 31 of each year. He sold the bond on September 12, 2020, at a price of Rs. 108. You are required to determine the holding period return on the bond.(Hint- Coupon Income has to be calculated on the face value of the bond and please do not consider any compound interest)

2.ESTIMATION OF RELEVANT CASH FLOWS:Master Pasta, Ltd., has projected a sales volume of Rs. 1,432 lakhs for the second year of a proposed expansion project. Costs estimated to be incurred in this (second) year are Rs. 1,002 lakhs. The depreciation expense will be Rs. 80 lakhs (calculated annually), and the tax rate is 34%. What is the operating cash flow?