Suppose you are the finance executive of a semiconductor Company ABC. Your company is planning to expand its production due to the current high demand of semiconductor. The financial controller of Company ABC asked for your opinion whether to raise funds in the bonds market for short or long term. You read recently that as at the end of June 2021, the federal government's debt level had risen to 61.2% to gross domestic product (GDP) with the statutory debt level at 56.8%, which is still below the statutory limit of 60%. (a) Illustrate graphically and analyse what will happen to interest rates. (10 marks) (b) Identify whether to borrow short or long term in the bonds market. (4 marks) (c) Compare and contrast four types of credit instruments in Malaysia. (12 marks)