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Consider a simple traction whereby an investor purchases 20 million worth of US dollars spot from your bank. The current rate is GHS5.7905/US$,for settlement in

Consider a simple traction whereby an investor purchases 20 million worth of US dollars spot from your bank. The current rate is GHS5.7905/US$,for settlement in two business days.

a. how will you describe this sort of investment?

b. how much in GHS will your bank have to deliver in two business days in exchange for receiving US$ 20 million?

c. identify four kinds of risk that can arise from this transaction?

d. Using Ghana as the home country, what type of quotation is this?

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