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Zingati is considering investing in the Zambian capital market by investing in a consol bond and her friend Zaza has put her investment in dicound

Zingati is considering investing in the Zambian capital market by investing in a consol bond and her friend Zaza has put her investment in dicound bonds. Suppose the market rate is 5% and the average annual yield of the 8-year bond is 8%. The net cash flow is expected to be K2000. Answer the following questions:i. In detail, discuss the investments by Zingati and Zaza. ii. Find the current price of a consol.

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