Roger invested $6,000 in an account that pays simple interest of 12% per year and has a 4 year maturity. What is the future value of his investment? Select one: o a. $9,441.12 O b. $8,880.00 c. $7854.12 O $ d. $6698.78 A company offered shares in their IPO at $8.20 each. Their first sale on the ASX was at $8.40. By the end of the first day of trading their shares were trading at $7.90 and today they are trading at $8.70. The cost of under-pricing the issue was Select one: O a. The number of shares issued multiplied by 20c b. The number of shares issued multiplied by -30c (i.e. overpricing occurred) o C. The number of shares issued multiplied by 30c o d. The number of shares issued multiplied by 15c. Accounting and auditing fees associated with a company's IPO can be described as Select one: a compliance costs. O b. underwriting expenses. O - C. under-pricing costs. O d.out-of-pocket expenses. A loan of $150,000 is to be repaid by two equal repayments of X. One repayment is due at the end of 2 years, the second repayment is due at the end of 6 years. The interest rate is at 4% p.a. compounded quarterly for the first 3 years and then 4.4% p.a. compounded quarterly thereafter. What is the size of each repayment? Select one: O a. $89,102.31 O b. $89,001.46 O c. $88.885.79 O d. $88,144.45 A scholarship fund earns an effective annual rate of 10%. How much does the scholarship fund need today if the fund pays an annual amount of $6,500, the first payment being one year from now, and grows at 2% per annum for an infinite period? Select one: O a. $82,875.00 O b. $81,250.00 O c. $89,375.00 O d. $74,750.00