20. Your company has a division on Crete. The accounting beta of the division is 1.29. Your company's accounting beta is 1.10. Your company's equity beta is 1.21. The firm has a value of 1800M, debt of BOOM, and cash and marketable securities of 50M. The risk-free rate is 2.75% and the global risk premium is 6%. What is the proper cost of capital for the division? I 21. The current Swiss franc 1-year LIBOR is 1.25%. The current USD 1-year LIBOR rate is 2.359. The current spot exchange rate is 1.09 5f/S. As a portfolio manager, what do you expect, approximately, the change in the value of the Swiss franc to be over the coming year