Answer all!! Ali Company and Bill Company entered into a semi-annual pay plain vanilla interest rate swap with a nominal value of $8,000,000. Bill offered to pay Ali a fixed annual rate of 2.75% (with semi-annual compounding). The remaining life of the swap is nine months. Assume the six-month LIBOR rate observed three months ago was 2.6% with semi-annual compounding. Today's three and nine month LIBOR rates are 2.526% and 2.846% (with continuous compounding). The implied forward rate is 3.0287% with semi-annual compounding. What is the value of the swap to Bill Company using the FRA methodology? Do not round intermediate calculations.

A.$4,950

B.$2,009

C.-$1,407

D.$5,613

Ali Company and Bill Company entered into a semi-annual pay plain vanilla interest rate swap with a nominal value of $8,000,000. Bill offered to pay Ali a fixed annual rate of 2.75% (with semi-annual compounding). The remaining life of the swap is nine months. Assume the six-month LIBOR rate observed three months ago was 2.6% with semi-annual compounding. Today's three and nine month LIBOR rates are 2.526% and 2.846% (with continuous compounding). The implied forward rate is 3.0287% with semi-annual compounding. What is the present value of the net cash flow (or payoff) at nine months point to Bill Company?

A.$4,556

B.$4,913

C.$8,904

D.$10,913

Jim and Tom enter into a contract in which Jim will tutor Tom's daughter Kelly. Check the true statements (check all that apply). Jim can enforce the contract against Tom Kelly is a third party beneficiary Jim can enforce the contract against Kelly Jim and Kelly are in privity of contract Jim and Tom are in privity of contract Kelly can enforce the contract against Jim Tom is a third party beneficiaryQuestion 9: Jimmy is pursuing his degree in a private institution. When he was in his third trimester, the school announced that it will be implementing a new regulation in that all students must wear a uniform that the school will be introducing. Jimmy does not think that this is correct, given that his contract with the school makes no mention of uniforms. Which of the following rules suggests that once a contract has been reduced in writing, one party cannot unilaterally change it terms? (2 marks) A. The Parol Evidence Rule. B. The Rule in Pinnel's Case. C. The Golden Rule. D. The Vitiating Factor Rule.11. Define each, and explain the difference, if any, between arbitration, and mediation. Explain the roles that each of the branches of the federal government fulfills by name. 12. A third person not in privity with the persons who stand in privity can enforce the contract only if he is a beneficiary of the contract. Name an example of such a contract