A Ghanaian multinational company is raising a one$-$year loan of GBP$1,000,000$ from the HSBC bank of UK at $8\%$ per annum. Prudential Bank of Ghana is offering the equivalent of the above amount in cedis at $22\%$ per annum. The current exchange rate between the cedi and the pound is Ghs$2\mathrm{.}3500/$GBP$1.$ Consultants to the loan indicate that there are $45\%,30\%$ and $25\%$ chance that the pound sterling would strengthen by $15\%,10\%,$ and $5\%$ respectively against the cedi at the end of one year when the loan is due. Advise the Ghanaian multiinational which option is cheaper.