1. Tassle company has negotiated with CBA for a 360-day bill facility with a face value of $5 million and an acceptance fee of 75 basis points using 120-day bank bills. The first parcel is issued at a market yield of 4.15% the second at 4.06% and the third at 4.00%. what is the net cash flow for the company at the 120-day rollover?
   1. $77,838
   2. $4,922,162
   3. $65,861
   4. $79,271
   5. $76,882

2. Tom borrows $106 000 to buy a car at 6.15% pa compounding monthly and agree to make monthly repayment for 5 years. Calculate the monthly loan repayment.
   1. 6,705.74
   2. 21,527.06
   3. 2,056.68
   4. 543.25
   5. 1,766.67