Nathan has a 7-year personal loan with the bank. He currently makes equal half-yearly repayments at the end of each 6 months at an interest rate of 6.5% p.a. compounded half-yearly. Which of the following may reduce the total cost of the loan? (There may be more than one correct answer. You will lose marks by choosing a wrong answer. The minimum mark for the question is zero.) Select one or more: 0 a. To ask for an interest-only period for the first 3 years of the loan term. b. To renegotiate the loan term to 10 years. c. To make month-end repayments starting in one month at an equivalent interest rate. d. To renegotiate the interest rate to 6.5% p.a. compounded monthly. e. None of the options reduces the total cost of the loan. f. To make repayments at the beginning of each 6 months starting on the borrowing date. Jacky is not sure about how the market interest rate would change in the future. He is looking for a bond that may give him a stable return in the uncertain market. Which of the following bond most suits his requirement? Select one: O O O a. A 3-year 3% coupon bond b. A 10-year 5% coupon bond C. A 3-year 5% coupon bond d. A 20-year zero coupon bond e. A 5-year zero coupon bond O