Requirement-A. KB owns 56% shares of a firm, which has initial endowment of $89,117. The firm has identified three non-divisible feasible projects: Project-X requires $28,090 investment now to generate $34,534 next year; Project-Y requires $24,543 investment now to generate $33,198 next year; and Project-Z requires $54,456 investment now to generate $62,693 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 55% of current dividend now, how much fund would be available to KB in next year?

Requirement-B. KD is considering an investment in venture capital that will return nothing in the first two years, $28,476 in the third year and $8,244 a year in perpetuity starting from the fifth year. What is the present value of the investment, given an interest rate of 5.6% per annum?

Requirement-C. DB, who is 32 years old, decides to use his savings of $28,622 towards his retirement. He places the money in a bank which promises a return of 5.7% per year, compounded monthly, until his planned retirement in 24 years. How much will he have at retirement from this plan?