Discuss two factors that influence the yield at which a commercial bill will be discounted. What effect does a bank-accepted have on the yield?[2 marks]

b.The proprietor of Kent Street Toyota, a car dealership, has applied to GE Finance Ltd for a "floor plan finance".

(i)Explain the purpose and operation of floor plan financing.[2 marks]

(ii)GE Finance can enforce a range of systems, including bailment, to protect itsposition as the provider of floor plan finance. Explain bailment.[3 marks]