8. If r$ = 12.50 percent,r = 14.00 percent, and S($/) = 2.25,what must the actual exchange...

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8. If r$ = 12.50 percent,r£ = 14.00 percent, and S($/£) = 2.25,what must the actual exchange rate after ten years, S10($/£), be in order to make borrowing in pounds a good idea?

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