Answer the questions below in your own words; any plagiarism will result in zero mark. Label your answer properly (12 points).

1. Explain the differences and similarities between Diversifiable and Non-diversifiable risksinclude examples in your explanation (4 points)

2. Describe the straight-line method for assessing depreciation (1point)

3. Explain the concept of incremental Cashflow (2 points)

4. Time Value of Money was discussed and applied extensively in class, explain your understanding of that concept of time value (2 points)

5. Annuity was discussed in class; describe the characteristics of annuity and explain the types of annuity discussed in the class. (3 points)