QUESTION 2 a) Calculate the year-on-year inflation rate for January to May 2019 using the Consumer Price Index provided below. Year / Month Index 2012-100 Year / Month Index 2012=100 Inflation Rate Jan-18 1999 Jan-19 212.4 00 Feb-18 1956 Feb-19 208.1 ( Mar-18 1980 Mar 19 2075 Apr 18 2012 Apr-19 211.7 (iv) May-18 2026 May 19 215.1 IM [1 mark each - marks) b) Below is a graphical representation of data published by PricewaterhouseCoopers in Ghana. Composition of Ghana Banking Industry Operating Assets 100% SON BOX 70% 60% SOX 40% 30% 20% 30 OX 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Cash Assets Liquid Assets Net Loans and Advances Other Operating Assets As a financial advisor, what is your assessment of case with which you can access loans from banks in this industry? [3 marks) c) Assuming that the University of Ghana Medical Centre is estimated to generate the following profits before the second phase of the project, would the investment be worthwhile if interest rates are the same as a sum of the last two digits of your Students ID? Year! Year 2 Year 3 Year 4 Years S45,000,000 S50,000,000 $65,000,000 $70,000,000 $80,000,000 [5 marks] d) Using appropriate examples, differentiate between the following: i. Take-and-pay contract and Take-or-pay contract Mezzanine debt and Subordinated debt [marks)