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A Canadian company borrows USD $10,000,000 for one year at a time when the spot exchange rate is $1 USD = 1.25 CAD and they

A Canadian company borrows USD $10,000,000 for one year at a time when the spot exchange rate is $1 USD = 1.25 CAD and they are required to pay interest at a rate of 5% per annum on the loan. The Cana...

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