Requirement-A.KB owns 41% shares of a firm, which has initial endowment of $74,655. The firm has identified three non-divisible feasible projects: Project-X requires $25,457 investment now to generate $34,459 next year; Project-Y requires $22,861 investment now to generate $28,048 next year; and Project-Z requires $52,953 investment now to generate $60,127 next year. The firm invests in projects reasonably to maximise wealth. Average expected rate of return from market is 18%. If KB wants to consume 40% of current dividend now, how much fund would be availableto KB in next year?

Requirement-B.KD is considering an investment in venture capital that will return nothing in the first two years, $27,972 in the third year and $8,346 a year in perpetuity starting from the fifth year. What is the present value of the investment, given an interest rate of 6.1% per annum?

Requirement-C.DB, who is 33 years old, decides to use his savings of $29,372 towards his retirement. He places the money in a bank which promises a return of 5.6% per year, compounded monthly, until his planned retirement in 23 years. How much will he have at retirement from this plan?