Rundu Town Council recently issued a perpetual 7 percent interest debenture (bond) with a face value of N$3,500.00 on the market. Kevin and Caroline wish to invest in these bonds but require your assistance in this regard. 3.1. What value can Kevin place on the above bonds today if his expected rate of return is four (4) percent? (5 Marks) 3.2. What value can Caroline place on the above bonds today if her expected rate of return is 6 (six) percent? (5 Marks) 3.3. Should Caroline invest in these bonds if the current market price is N$3,200.00 ? Explain your answer. (5 marks) 3.4. Explain why Kevin and Caroline are placing two different valueson the bonds of Sanlam Ltd? (2 marks)