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Axle Company's bank is offering a 1 - yr USD loan at an annual rate of 7 % . They also have the posibility of
Axle Company's bank is offering a yr USD loan at an annual rate of They also have the posibility of borrowing for yr in Canadian dollars at an annual rate of Given the potential changes in Canadian currency shown below, answer the following questions:
tableScenariotablePossible PercentageChange in Yr Spot RatetableProbability of Spot RateChange
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