QUESTION ONE Mr Twalibomba Kale is about to retire after an illustrious career in the Zambian civil service. He is expecting to receive a net of K2.5 million in retirement benefits. As an Investment Advisor, you have been approached by Mr Kale to advise on the options available for him to consider 3 Lee Required: a) Advise on the main asset classes available Mzambia clearly showing the common investment time horizons for each. (15 Marks) Fixed 77 Intant b) Explain the difference between Direct and Indirect investment while clearly highlighting the main players under each approach (15 Marks) c) Explain why preferred stock is referred to as a hybrid security, (10 Marks) [TOTAL 40 MARKS] (Takes a Takes a Counter of font QUESTION ONE Mr Twalibomba Kale is about to retire after an illustrious career in the Zambian civil service. He is expecting to receive a net of K2.5 million in retirement benefits. As an Investment Advisor, you have been approached by Mr Kale to advise on the options available for him to consider 3 Lee Required: a) Advise on the main asset classes available Mzambia clearly showing the common investment time horizons for each. (15 Marks) Fixed 77 Intant b) Explain the difference between Direct and Indirect investment while clearly highlighting the main players under each approach (15 Marks) c) Explain why preferred stock is referred to as a hybrid security, (10 Marks) [TOTAL 40 MARKS] (Takes a Takes a Counter of font