Question 3 [17] An investment company Corporation has R50 million available for investment now and it will have a further R25 million rand available after a year and R10 million available after two years. The company wants as much cash as possible at the end of a five-year period for a take-over bid that has been planned well in advance. During this period, eight investment alternatives are available, namely I, I,...,Ig. Investment alternatives I and I are available now and for the duration of one year and three years respectively. Investment alternatives 13 and 14 are available after a year for the duration of four years and one year respectively. Investment alternatives 15 and I are available after two years for a duration of two years and three years respectively. Investment alternative I7 is available after three years for the duration of two years! and Investment alternative Is is available after four years for the duration of a year. This information on the investment alternatives are summarised in the table below along with their corresponding returns. Investment Period until alternative investment Duration of investment Return (%) 0 1 80 12 0 3 30 13 1 4 60 IA 1 1 70 15 2 2 50 16 2 3 40 17 3 2 60 18 4 1 20