Question: (a) Mr Noah Lungu, aged 70, has just won a jackpot on the Zambian Lotto competition worth K300,000 (net of taxes). He has decided to

(a) Mr Noah Lungu, aged 70, has just won a

(a) Mr Noah Lungu, aged 70, has just won a jackpot on the Zambian Lotto competition worth K300,000 (net of taxes). He has decided to share the money with his son Dobani, aged 45, and his grandson Pelekani aged 21, in equal amounts i.e. K100,000 each. They are worried that they may misuse the money especially considering that it was not hard earned and has just come as a wonderful surprise. Using your knowledge of investment analysis and portfolio management, advise each of them on the individual possible financial assets they can invest in, supporting your advice with the reasons why they should go for your suggested investments

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