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a 16 million one-year Australian dollar loan that 13 percent interest rate of U.S. dollars for Australian dollars is $0.6250/A$1. It has funded this loan

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a 16 million one-year Australian dollar loan that 13 percent interest rate of U.S. dollars for Australian dollars is $0.6250/A$1. It has funded this loan by pound (BP)-denominated deposit for the equivalent amount and maturity at an annual The current spot rate of U.S. dollars for British pounds is $1.6000/ 1 a What is the net Interest Income earned In dollars on this One-year transaction if the spot rate of U.S. for Australian dollars and U.S. dollars for BPs at the end of the year are $0.5880/A$1 and $1.8500/ 1, respectively? (Negative amount should be indicated by a minus sign.) b.what should the spot rate of U.S. dollars for BPs be at the end of the year in order for the bank to net interest income of $210,000 (disregarding any change In principal values)? (Round your Answer to 4 decimal places. (e.g., 32.1616))

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