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Assume the company wants to borrow US$250,000 for this expansion. The current spot rate is JMD$130/$ with expected rate of JMD$147/$ in one year. What
Assume the company wants to borrow US$250,000 for this expansion. The current spot rate is JMD$130/$ with expected rate of JMD$147/$ in one year. What would be the one-year effective cost of debt for the firm if it borrows the funds
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