B Question 6: Chavez S.A. (5 marks) Chavez S.A., a Venezuelan company, wishes to borrow $8,000,000 for eight weeks. A rate of 6.250% per annum is quoted by potential lenders in New York, Great Britain, and Switzerland using, respectively, international, British, and the Swiss-Eurobond definitions of interest (day count conventions). From which source should Chavez borrow? s Assumptions Principal borrowing need Maturity needed, in weeks 1 Rate of interest charged by ALL potential lenders Values 8,000,000 8 6.250%