Which of the following statement is true?

Savitri is 30 years old. She saves Rs. 14,000/- p.a. (year end) in FD 8.75% p.a. compounded annually until she retires at age 58. Her life expectancy is 80 years. What would be her corpus at the time of retirement? What is the fixed amount she can withdraw at the beginning of each year, until age 80, in case she wishes to exhaust the whole corpus? Inflation is 5%.

Ashish owns three stocks & has estimated the following joint probability distribution of returns:

Calculate the portfolio's expected return & standard deviation if Ashish invests 20% in stock X, 50% in stock Y & 30% in stock Z.
Assume that each security is completely uncorrelated with the return of other securities.

The organization which was established in year 1956 to provide various forms of financing without soverign guarantees, primarily to the private sector is:

Which of the following statements is TRUE concerning zero coupon bonds?