A 14-year RM50,000 bond that has a dividend rate of 10% per year, payable semiannually, is currently for sale. If the expected rate of return of the purchaser is 8% per year, compounded semiannually, and if the inflation rate is expected to be 0.5% each month period. Calculate the bond worth with condition: a) Without an adjustment for inflation. (10 marks) When inflation is considered. (10 marks) b) c) Discuss EACH impact of inflation to the production, cost and demand of product (you may select any type of product as an example). (15 marks)