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I Finance 201813 cal Describe how the 3 transactions below would affect the exchange rates of the Indian rupee, assuming India has a free floating enchange rate regime. ci) x ltd imports a year's supply of French champagne - Payment in Euros is due immediately. ciil y Ird has as fully red successfully privately placed a bond issue of USD 100 million to foreign institutional investors. The first coupon is due in 6months time and the rate of interest is 2080 perannum The proceeds have been por used to repay State Bank for a USD bank loan which came to Maturity. ciii) Air India buys a Boeing 747 for USO 160 million. As part of the deal, Boeing arranges a loan to Air India for the purchase amount from the us Export-import bank. The loan is to be paid back over the next 10 years with a 2-year grace period. (6) Discuss how each of the above transactions will affect the balance of Payments and show under which heading the transactions will be recorded