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(a) Describe treasury management. (5 marks) (b) Differentiate between corporate treasury management and bank treasury management in terms of:- (i) The roles (ii) Opening exposure

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(a) Describe treasury management. (5 marks) (b) Differentiate between corporate treasury management and bank treasury management in terms of:- (i) The roles (ii) Opening exposure (4 marks) (4 marks) (iii) Exposure to interest rates. (4 marks) (c) Explain the statement: It is important to manage exposure of interest rates for a firm as well as for a bank. (3 marks) (a) Describe treasury management. (5 marks) (b) Differentiate between corporate treasury management and bank treasury management in terms of:- (i) The roles (ii) Opening exposure (4 marks) (4 marks) (iii) Exposure to interest rates. (4 marks) (c) Explain the statement: It is important to manage exposure of interest rates for a firm as well as for a bank

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