Question:Diane graduated from Taylor's University with Diploma in Business and joined an international investment bank as an Analyst Assistant. She has been working for few years and earnings RM48,000 per annum. She would like to save some of her money for future usage. Among the options are fixed deposit account and bond.

• Fixed Deposit Account

After doing some research, she has shortlisted her choices to invest in either one of these banks; Maybank (Islamic Fixed Deposit - i), CIMB Bank (Unfixed Deposit) or Bank Simpanan Nasional, BSN (Term Deposit). You are required to do analysis for these three banks' fixed deposit accounts and advice Diane on her investment if:

a) she deposits RM12,000 today and hold for three years;

b) she deposits RM12,000 every year for three years;

c) she deposits RM3,000 for the first year, RM4,000 for the second year and RM5,000 for the third year.

*Note: Assume investment to be hold until three years and all deposits at the beginning of the year.

• Bond Investment

Diane interested to invest her money in bond market. Therefore, she seeks advice from her friend, Collins, who is an investor in bond market. Details of two bonds being offered by Collins are as follows:

Company THEBiotech Industries Beta Corporation Coupon rate per annum Interest payment Som-annually Annually Maturity In years 5 10 Finde valuo per bond $1,000 $1000 Yield to maturity per annum Collins selling price per bond $1 050