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) The Graphic Business currently has given the following quotes between : $ as: Spot = 5.4320 5.4500 1-month forward rate = 5.4307 5.4485 Required:

) The Graphic Business currently has given the following quotes between : $ as: Spot = 5.4320 5.4500 1-month forward rate = 5.4307 5.4485 Required: The manager of an enterprise that deals in automobile parts currently has GHC50, 000 and wishes to import goods from Texas in the United States. As a prospective university graduate with knowledge in finance, recommend to the manager whether he should import now or a months time assuming prices will remain constant. EV (8) c) Distinguish between fixed rate bond and floating rate bond.

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