d) $541,934 41. Calculate the IRR on the business proposal which requires an initial investment of $50,000; which would generate a cashflow of $6000 for the next 10 years. The cashflows are received at the end of the year. a) 3.46% b) 4.26% c) 3.21% d) None of the above 42. Calculate the equated yearly instalment payable per period for a loan amount of $5,00,000 with an interest rate of 12% p.a. repayable over 8 years, when instalments are paid at the end of each year. a) $1,03,063,36 b) $1,09.876.22 c) \$1.05.643 23 d) None of the above 43. Calculate Expanded Liguidity Ratio of Mr. Smith when his Liquid 39. Mr. Gem will start receiving a pension of $12,000 p.a. exactly 10 years * 2 poin from now. He will receive this pension for 20 years every year. If interest rate is 12% what is the present worth of his pension? a) $32,322.67 b) $29,894.94 c) $34,958.93 d) None of the above 40. Your client has been offered an early retirement package that will pay "2 poiots $2,500 at the beginning of each month for the next 25 years. Assuming a 2.75% annual nominal return compounded monthly, the present value of this stream of payments is most likely closest to: a) $543,176 b) $750,000 c) $728,992 d) $541,934 41. Calculate the iRR on the business proposat which requires an initial 37. Find the present value of a 7 year annuity of $12,000 p.a. payable at the end of each quarter @ 7\% p.a. compounded quarterly? a) $65,960.86 b) $67,115.18 c) $66,672.33 d) None of the above 38. Compute present value of a cash flow of $1400 at the beginning of each quarter indefinitely at an interest rate of 19.50% p.a. compounded monthly. a) $27,452.30 b) $29,656.30 c) $28.323.82 d) $25,343.22 39. Mr. Gem will start receiving a pension of $12.000pa. exactly 10 years from now. He will receive this pension for 20 years every year. If interest fate is 12F what is the present worth of his pension