1.

If the cost of investment is $1,500. The revenue earned during the next 6 years was $100, $200, $300, $400, $500 and $600. Calculate the payback period? (a) 5 (b) 5.5 (c) 4.5 (d) 5.01

2.

The effect of increase in volatility of price of stock on value of option (keeping other factors constant)? (a) Decrease in value of option. (b) Indeterminate from given information. (c) No effect. (d) Increase in value of option.