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ASSIGNMENT FOR THE SEME... INSTRUCTIONS: Answer ALL the questions in this assignment. Take your time, read and understand the questions before you start and note that any wrong response given is your sole responsibility. Please be brief and make use of the appropriate terminologies while paying careful attention to details. A Ghanaian Investment Bank XYZ limited is engaged in international business and has branches across the following countries: Nigeria, Kenya, Britain, Canada, Sweden, Mexico, South Africa Senegal and Ghana. Though XYZ limited operates in these countries it is headquartered in the USA. Use the income and expenditure flows below to consolidate the company's accounts and advice management to help them forecast the exchange rate for future transactions given that the exchange rate stands at $0.005,$0.07,$1.5,$0.80,$0.15,$0.10,$0.20,$0.09 and $0.12 to the Nigerian Naira, Kenyan Shilling, British pound, Canadian dollar, Swedish krona and Mexican peso, South African Rand, Senegalese CFA and Ghanaian Cedi respectively. [30marks] Page1of2 1. In this respect, advice the Management which branch(es) they need to intensify their operations. 2. Which brach(es) they may consider closing down or selling off. 3. Which country(ies) show(s) a prosperous future for XYZ Limited. 4. Give your overall opinion on how the company can be made better among its peers in the international business with foreign exchange market

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