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BBC (Australia) Botany Bay Corporation (BBC) of Australa seeks to bomow US$30,000,000 in the eurodofar market. Funding is nooded for two years. Investigation inade to

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BBC (Australia) Botany Bay Corporation (BBC) of Australa seeks to bomow US$30,000,000 in the eurodofar market. Funding is nooded for two years. Investigation inade to the possibilities Comparse a make a 1. Botany Bay could borrow the US$30,000,000 for two years at a fod 6% rate of interest 2 Boitary Bay could borrow the US$30,000,000 at LIBOR - 1500% LIBOR is currently 3.500%and the rate would be most every ste months 3. Botany Bay could borrow the US$30.000.000 for one year only at 4.500%. At the end of the first year, Botany Bay would have to negotiate for a new one-year loan. 1. Botany Bay could borrow the US$30.000.000 for two years at a fixed rate of interest For Aturrative the interest cost per year in to the first year and for the second your Round to the nearest dow) Enter your answer in the adds and then dick Check Answer parte All

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