Sanlam

Recently, Sanlam Ltd issued a perpetual 4 percent interest debenture (bond) with a face value of N$1,000 on the market. Shikongo and Maria wish to invest in these bonds but require your assistance in this regard. 5.1 What value can Shikongo place on the above bonds today if his expected rate of return is four (4) percent? (5 Marks) 5.2 What value can Maria place on the above bonds today if her expected rate of return is 6 (six) percent? (5 Marks) 5.3 Explain why Maria and Shikongo are placing two different vaiues on the bonds of Sanlam Ltd