Dunolly Lollies requires approximately $1.5million in short-term finance today for a period of 120 days; and it has arranged a 60-day bank bill facility with CanWest Bank. The bill has a $1.5 million face value. Dunolly Lollies will roll over the bank bill into a second bank bill after 60 days. The current 60-day bank bill is 5.26% p.a. and the 60-day bank bill rate in 2 months time (60 days) is 5.31% p.a. 

What are the cash inflows for Dunolly today? 

What are the cash inflows for Dunolly after 60 days? 

What are the cash outflows for Dunolly after 120 days?

Answer rating: 100% (QA)

1 Cash inflows for Dunolly today Dunolly takes out a 15 million 60day bank bill at 5... View the full answer