Buryecs Co (march/june 17)

Hi Moffat

b-ii_

1_i didn’t understand the logic behind year 3 swap not translated and the gain on swap at the end of 39m.

2_my working for options are
7,500/7.75=968m
premium 968*1.6%*.1430=2.2
net receipt is 966

and this is first time asked like that , i have good grasp of contacts questions but not sure about this

is different then examiner answer , any errors which i can correct.