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M/s. Sky products Ltd., of Mumbai, an exporter of sea foods has submitted a 60 days bill for EUR 5,00,000 drawn under an irrevocable Letter of Credit for negotiation. The company has desired to keep 50% of the bill amount under the Exchange Earners Foreign Currency Account (EEFC). The rates for */USD and USD/EUR in inter-bank market are quoted as follows: X/USD USD/EUR Spot 67.8000 - 67.8100 1.0775 - 1.8000 1 month forward 10/11 Paise 0.20/0.25 Cents 2 months forward 21/22 Paise 0.40/0.45 Cents 3 months forward 32/33 Paise 0.70/0.75 Cents Transit Period is 20 days. Interest on post shipment credit is 8 % p.a. Exchange Margin is 0.1%. Assume 365 days in a year. You are required to calculate: (i) Exchange rate quoted to the company (ii) Cash inflow to the company (iii) Interest amount to be paid to bank by the company