Briefly discuss the implications of the Ghana Reference Rate (GRR) on future lending rates in Ghana. (3 marks) 91-day Tr

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answerhappygod
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Briefly discuss the implications of the Ghana Reference Rate (GRR) on future lending rates in Ghana. (3 marks) 91-day Tr

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Briefly discuss the implications ofthe Ghana Reference Rate (GRR) on future lending rates in Ghana.(3 marks)
91-day Treasury bill is 14.42%, theinterbank overnight rate is 16.12%, the monetary policy rate is17%, the cash reserve requirement (CRR) is 10% and the cash in thevault (CIV) is 2%.
A corporate client by name of E5limited is seeking to borrow GHS 10m for 5yrs as of 19thNovember 2018.
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