(A). Kofi Agyekum is bidding for a project needed by the USA government. Kofi Agyekum will not know if the bid is accepted until three months from now. Kofi Agyekum will need cedi to cover expenses but will be paid by the USA government in dollars if he hired labour for the project. The contract price is US$ 35,000.00. The current spot rate of the cedi to the dollar is GH2.00=US$0. 50, while the forward rate is GH2.50 = US$0.99. Required: Calculate in cedi the contract sum if the project is undertaken by the Ghanaian firm, (3Marks) (B). Assume that your bankers are in competition with other banks in the City of Kumasi quotes current exchange price as GH 4.5 - $1. The same banks quote a year ago was GH 4.00 -$1 Required: Calculate the percentage change in the value of the cedi as at today. (3Marks) (C). The USA dollar has changed at the rate of $2.50 to 1. in the year 2010. In the year 2014, dollar has traded in the UK financial market as $1.50 to 1.00. i. Compute the percentage change in the value of the dollar. (3Marks) ii. Identify and explain two (2) factors that could have accounted for the change in the value of the dollar in 2014. (6Marks)