KB owns 54% shares of a firm, which has initial endowment of $78,952. The firm has identified three non-divisible feasible projects: Project-X requires $25,484 investment now to generate $31,829 next year; Project-Y requires $23,905 investment now to generate $33,819 next year; and Project-Z requires $51,829 investment now to generate $58,210 next year. The firm invests in projects reasonably to maximise wealth. Average expected rate of return from market is 16%. If KB wants to consume 55% of current dividend now, how much fund would be available to KB in next year? <2 marks> Requirement-B. KD is considering an investment in venture capital that will return nothing in the first two years, $23,338 in the third year and $8,402 a year in perpetuity starting from the fifth year. What is the present value of the investment, given an interest rate of 7.5% per annum? <1 mark> Requirement-C. DB, who is 31 years old, decides to use his savings of $27,793 towards his retirement. He places the money in a bank which promises a return of 5.2% per year, compounded monthly, until his planned retirement in 25 years. How much will he have at retirement from this plan? <1 mark>