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Assume that you are a retail customer. Use the information below to answer the following question. Bid Lending So($/) F360($/) $1.42 = 1.00 $1.48 -

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Assume that you are a retail customer. Use the information below to answer the following question. Bid Lending So($/) F360($/) $1.42 = 1.00 $1.48 - 1.00 Ask $1.45 = 1.00 $1.50 = 1.00 i$ le Borrowing 4.25% APR 3.10% APR 4% APR 3% APR If you borrowed $1,000,000 for one year, how much money would you owe at maturity? 1,024,500 . $1,450,352 OB. $1,525,400 OC. $1,042,500 OD

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