Question 3a
Marking Guide
Gross amount receivable by Sembilan Co 1
Gross amounts payable by Sembilan Co 1
Net amounts receivable or payable every year 2
Explanation of why fixed rate is less than the four-year yield curve rate 2
Max marks 6
Gross amount receivable by Sembilan Co 1
Gross amounts payable by Sembilan Co 1
Net amounts receivable or payable every year 2
Explanation of why fixed rate is less than the four-year yield curve rate 2
Max marks 6