(v) Richard has been told by his neighbour to receive $1200 five years from today, at a discount rate of 6%, compounded monthly. The closest present value is: A. $897 B. $845 C. $745 D. $697 [2 marks] (vi) Gilbert wishes to invest in the following stocks: Which of the following gives the closest expected annual return of the portfolio? A. 8.67% B. 9.27% C. 9.67% D. 10.27% [3 marks] (vii) An annual bond which is currently priced at Rs 906.28 has the following details: - Face value Rs1,000 - Maturity 7 years - Coupon rate 6.2% What is the Yield to Maturity? A. 7% B. 8% C. 9% D. 10% [3 marks]