Part b [5 marks] After further market research, Anton now believes that VR Ltd will have long-term success in the VR market, and plans to restructure the payments as follows. The initial loan of $1 00 million att = 0 remains the same. VR Ltd will make payments to him of $15 million per year forever. with the first payment to be made at the end of year one. Anton's cost of capital is 29% pa. (compounded annually). Under this updated structure, the NPV ofthis investment is 3 As a result, Anton should (No answer given) e in VR Ltd. The internal rate of return for this investment is Part 0 [4 marks] Phuc has informed Anton that the RBA plans to loosen monetary policy in the future. As a result, Anton's cost of capital will be 29% pa. for the first five years, and will decreaset014_5% p.a. thereafter (compounded annually). Other than this. the loan structure from part b remains unchanged. Given this new information, the NPV of this investment is 3 As a result, Anton should (No answer given) : in VR Ltd