1a) explain the following concepts as used in finance:Time value of moneyAnnuity dueFinancing planningPrice earnings ratioCapital gain (10 marks)b) explain the role played by the capital markets in the Kenyan economy.(10 marks)2a) ABC co. wishes to borrow a 3 year loan of sh.1000000 at 9% from the bank. The bank requires that ABC Pays the loan on equal end of year installments. How much will the installment be? And prepare loan amortization schedule.(12 marks)