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@ Aldeeralza: dats quite funnyyyyyy. N9c 1

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@ Aldeeralza: dats quite funnyyyyyy. N9c 1

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Simply put that d 3mnths is inclusive in d 1 year. So, deduct d 3mnths rate from 1 year rate. Get a 2 months pro-rated rate from d remaining 9 months & deduct 4rm d 3 months rate 2 get d 5 month forward rate.

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Concerning d 817, remember dat 4 option 2- out of 1231; 360 is to repay debt, & d remainder is 2 repurchase shares I.e 54 4 shares @ par value & 817 as share premium.

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Don’t forget the issue of basis risk here. In the case where the loan matures @ a different date to that of the contract month. So, try to understand basis risk @ unt9

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