b) Mawuena Ltd issued 1500 convertible loan note at par on 1st January 2015. The loan notes are redeemable in four years time at their par value of GH 200 per note. The loan note pays interest annually in arrears at an interest rate of 8%. Each loan note can be converted at the maturity date into 10 GH 1 shares. The effective interest rate for four year loan notes with no right of conversion is 12% and the risk-free annual interest rate for a four-year term is 7%. Required Show how the loan note should be treated in the financial statement of Mawuena Ltd in accordance with IFRS 9 Financial Instrument [10 marks] c) Asempa Ltd disposed of its entire holding in Daakye Ltd on 30the September 2013 for GH 12 million, on which date the net assets of Daakye Ltd was GH9.6 million. It is the policy of measuring NCI at acquisition at proportionate of the fair value of identifiable net asset and no goodwill is impaired as at 30th September 2013. Tax is charged at 25%. Required Calculate the profit or loss on disposal for: (i) Asempa Ltds individual financial statements (ii) Consolidated financial statements [8 marks]