Morphosis Prylud) is an investment bank that plans to offer a bursary in five wars time to one top-performing third year finance student at UC The hankplans to hand one student each year is offering R60000 per student. The bursary will only be offered for six years and will therefore ceatheretter how much should Morphosis Pecharrom today in order to successfully implement the bursary in five years? Assume the bank plans to invest in a diversified mutual fund that will run 12. on average