a) Describe any THREE scenarios in which a financial institution can be exposed to interest rate risk. (9marks) b) Using appropriate examples, explain how hedging interest rates can be done. (6marks) c) Compare and contrast the roles of risk management function and internal audit functions in financial institutions. a) Explain FIVE ways of assessing credit risk. (10marks) b) Explain the role of senior management in credit risk management. (10marks) c) Explain how the value at risk approach can be used in meaning credit risk? (5marks)