Hi please help to answer this question with step by step explanation for me to understand more about how to answer this question 1. WHAT IS THE MAXIMUM AMOUNT YOU WOULD PAY FOR AN ASSET THAT GENERATES AN INCOME OF $150 000 AT THE END OF EACH YEAR IF THE OPPORTUNITY COST OF USING THE FUND IS 9 PERCENT? (5 marks) 2. SUPPOSE THAT THE TOTAL BENEFIT AND TOTAL COST FROM AN ACTIVITY ARE RESPECTIVElY GIVEN BY THE FOLLOWING EQUATIONS: (15 marks) B(Q) = 150 280 - 502 C(Q) = 100 8Q NOTE:MB(Q) = 28 - 100 MC (Q) = 8 A. WRITE OUT THE EQUATION FOR THE NET BENEFIT. B. WHAT ARE THE NET BENEFIT WHEN Q = 1? AND WHEN Q = 5? C. WRITE OUT THE MARGINAL NET BENEFITS D. WHAT ARE THE MARGINAL NET BENEFIT WHEN Q= 1 AND WHEN Q = 5? E. WHAT LEVEL Q MAXIMIZES NET BENEFIT? 3. A FIRM'S CURRENT PROFIT ARE $550,000. THESE PROFITS ARE EXPECTED TO GROW INDEFINITELY AT A CONSTANT RATE OF PERCENT. IF THE FIRM'S OPPORTUNITY COST OF FUND IS 8 PERCENT, DETERMINE THE VALUE OF THE FIRM. (10 MARKS)