Chavez S.A. Chavez S.A., a Venezuelan company, wishes to borrow $10,000,000 for 18 weeks. Potential lenders in

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Chavez S.A. Chavez S.A., a Venezuelan company, wishes to borrow $10,000,000 for 18 weeks. Potential lenders in New York, Switzerland, and London using, respectively, international, Swiss (eurobond), and British definitions of interest (day count conventions) quote rates, respectively, of 8.25%, 8.30%, and 8.35% per annum. From which source should Chavez borrow?

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Multinational Business Finance

ISBN: 9781292097879

14th Global Edition

Authors: David Eiteman, Arthur Stonehill, Michael Moffett

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