(B) A bond with coupon rate of 12% and face value of GHS1000 is selling on the market on June 30(th) at 5% premium of the face value. Coupon payments on this bond are made on 31(st) of December every year. If an investor buys this bond on June 30(th) , i. calculate the clean price of the bond ii. calculate the dirty price of the bond (2 marks) (2 marks)

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?