The following scenario relates to questions 1 to 5. 2022-01-07 In relation to an irredeemable security paying a fixed rate of interest, which of the following statements is correct？ 2022-01-07 In relation to an operating lease, which of the following statements is correct？ 2022-01-07 Lane Co has in issue 3% convertible loan notes which are redeemable in five years’ time at their nominal value of $100 per loan note. Alternatively, each loan note can be converted in five years’ time into 25 Lane Co ordinary shares. 2022-01-07 Nesud Co has credit sales of $45 million per year and on average settles accounts with trade payables after 60 days. One of its suppliers has offered the company an early settlement discount of 0·5% for payment within 30 days. Administration costs will be increased by $500 per year if the early settlement discount is taken. Nesud Co buys components worth $1·5 million per year from this supplier. 2022-01-07 Which of the following are descriptions of basis risk？ 2022-01-07 Which of the following statements is/are correct？ 2022-01-07 Which of the following statements is correct？ 2022-01-07 Which of the following statements is correct？ 2022-01-07 Which of the following statements is correct？ 2022-01-07