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12. 18. If at the end of the year, the exchange rate is $1.65/GBP, what is the spread earned on the loan by the

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12. 18. If at the end of the year, the exchange rate is $1.65/GBP, what is the spread earned on the loan by the Fl in dollars after adjusting fully for exchange rates? (1 Point) -$3,750,000. -$1,250,000. +$1,250,000. +$3,750,000. +$5,000,000.

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