Question 7: On 1 March 2019 a company raises finance by agreeing a six-month loan for $12 million offered at an interest rate mentioned below: interest rate per annum (%): 3.15 Calculate the cost of the loan in dollars. (a) on a 30/360-day count basis (180 days) (b) on a 365-day count, actual/365 basis (183 days)