b) Leigh Delight Candy Berhad is choosing between two bonds in which to invest their cash. One is being offered from Hershey's and will mature in 15 years and pay RM40 each quarter. The other alternative is a Mars' bond that will mature in 18 years and pay RM50 each quarter. Compute the present value of each bond if the discount rate is 12% compounded quarterly, and each bond pays RM1,000 at maturity. (8 marks) c) Badang starts a retirement fund at age 21 and plans on depositing equal annual amounts on each birthday, starting at age 21, and ending at age 60. He wants to have RM2 million at age 60. Jasin starts his fund on his 30th birthday. He wants to deposit equal annual amounts on each birthday starting on his 30th birthday and ending on his 60th birthday. Jasin wants to have RM2 million at age 60. If the investment funds earn 10% per year, calculate the amounts the Badang and Jasin respectively will have to save each year (rounded to the nearest dollar) to meet their goals. Comment on the difference. (9 marks)