b. Explain to the CEO what forfaiting is, why it is possible that forfaiting of the transaction can occur and the implication that it will have on the swap transaction. (4 marks)

Provide your answers in space provided below:

Question	Your answer
What is forfaiting? (Give an explanation). (3 marks)
Why can forfaiting occur? (1 mark)
Implication on the swap transaction (State whether it impacts the swap or not and the reason for it). (1 mark)