At time t, company A borrows 128 million yen at an interest rate of 1.2% p.a., paid semiannually, for a period of 2 years. It then enters into a 2-year swap at an exchange rate of JPY/USD 128. The swap rates are 6-month USD LIBOR, and 1.3% p.a. compounded semiannually in yen. What are the payments on the loan, on the swap and on the combination of them? Assume that 6-month LIBOR (annualized) evolves as follows:

t + 6	t + 12	t + 18	t + 24
5.4%	5.3%	5.9%	5.8%

Use the following table to provide your answer (use +/ to indicate the direction of the CF):

	Loan	Swap	Combination
t
t + 6
t + 12
t + 18
t + 24