Question
the zambian government aprroved a k8 billion ($439 million) COVID-19 bond economic stimulus package to alleviate the pandemics impact on the economy.to this effect, the
the zambian government aprroved a k8 billion ($439 million) COVID-19 bond economic stimulus package to alleviate the pandemics impact on the economy.to this effect, the central bank issued K2.67 billion COVID -19 bond on the 27th of july,2020.assuming that the central bank issued a 5 year bond with par value of K100.00 at a price of K77.35 with a 11% coupon rate, advise,as an investment consultant a client who wants to invest K50,000;
1) The expected annalised fixed coupon income and yield rate on the bond
2) The present value of the investment
3) THE yeild to maturity rate of the bond
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