Alibaba Group entered a currency swap with Goldman Sachs three years ago. According to the contract, every year Alibaba pays 4% in US dollars (USD) on a principal of $200 million and receives 7% in Chinese Yuan (CNY) on a principal of 1,400 million CNY. The swap will last another 4 years with the next payment due in one year. The interest rates in United States and China are as follows: Maturity US Interest Rate (%) Chinese Interest Rate (%)
1 year 2.07 5.03
2 years 2.24 5.27
3 years 2.39 5.38
4 years 2.49 5.57
What should Goldman Sachs report as the fair value of the contract if the current exchange rate is 1 USD = 6.75 CNY?

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?