a. Your company is considering taking a business loan of BDT 450,000 from Bank Z, and the company needs to repay BDT 650,000 after five years. i. What is the quoted annual interest rate the bank is charging? ii. What would be the effective annual interest rate if the bank compounds the interest quarterly instead? iii. Which borrowing option is cheaper for your company between (i) and (ii)? Why? b. A financial manager is considering an investment that will pay BDT 50,000 at the end of each year for the next six years. If the required rate of return is 8%, what is the value of this investment today