b) Leigh Delight Candy Berhad is choosing between two bonds in which to invest their cash. One is being offered from Her

[answerhappygod]

b) Leigh Delight Candy Berhad is choosing between two bonds in
which to invest their cash. One is being offered from Hershey's and
will mature in 15 years and pay RM40 each quarter. The other
alternative is a Mars' bond that will mature in 18 years and pay
RM50 each quarter. Compute the present value of each bond if the
discount rate is 12% compounded quarterly, and each bond pays
RM1,000 at maturity. (8 marks)
c) Badang starts a retirement fund at age 21 and plans on
depositing equal annual amounts on each birthday, starting at age
21, and ending at age 60. He wants to have RM2 million at age 60.
Jasin starts his fund on his 30th birthday. He wants to deposit
equal annual amounts on each birthday starting on his 30th birthday
and ending on his 60th birthday. Jasin wants to have RM2 million at
age 60. If the investment funds earn 10% per year, calculate the
amounts the Badang and Jasin respectively will have to save each
year (rounded to the nearest dollar) to meet their goals. Comment
on the difference. (9 marks)