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Required: calculations to show which project should be accepted, and advise the management Question 14 The following information is displayed in Bank Y FOREIGN EXCHANGE

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Required: calculations to show which project should be accepted, and advise the management Question 14 The following information is displayed in Bank Y FOREIGN EXCHANGE MARKET RATES Buying 6.5050 Selling 6.6150 Dollar Pound 10.4550 10.560 Required: At what rate will the bank buy $100,000 and what will be the total kwacha payout br At what rate will the bank sell $100,000 and will be the total kwacha receipt by ban Question 15 muya's employer offers its workers a two-month sabbatical every seven years. Ro orking for the firm plans to spend his sabbatical touring Europe at an estimated cost of P, Robert plans to make six annual end-of-year deposits of K2,500 each, starting an investment annnunt marning 49% interest semi-annually. started working for the firm plans finance his trip, Robert plans

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