Abercrombie Inc. needs to borrow C$10 million or the foreign currency equivalent for 5 years. It can issue bonds in Canadian dollars with a coupon rate of 8% and must pay 1% issuance fee up-front. Alternatively, it may issue a Chinese-yuan-denominated bond in China with a coupon rate of 10% with 1% issuance fee up-front. The current exchange rate is Y5/C$ and is expected to be Y5.1/C$ at the end of the next year and to change at the same percentage rate for each of the remaining life of the 5-year period. Which financing alternative do you recommend Abercrombie to take based on the % cost only? What name does the international finance circle give the Chinese- yuan-denominated bonds issued in China by foreign institutions (that is, companies and organizations)