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8 Intel has the choice of borrowing dollars at 9.5% or yen at 7% for one year. The current exchange rate is USDJPY152. At what

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8 Intel has the choice of borrowing dollars at 9.5% or yen at 7% for one year. The current exchange rate is USDJPY152. At what end-ofyear exchange rate would the yen costs of these two loans be equal? a. 156.U = $1 1). 149.2 = $1 {2. 153.6 = $1 d. 148.5 = $1

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