Bond Financing Analysis. Amcor Limited can issue bonds in either Australian dollars or in Swiss francs. Dollar-denominated bonds would have a coupon rate of 3 percent; Swiss francdenominated bonds would have a coupon rate of 2 percent. Assuming that Amcor can issue bonds worth A$10,000,000 in either currency, that the current exchange rate of the Swiss franc is A$1.50, and that the forecasted exchange rate of the franc in each of the next three years is A$1.60, what is the annual cost of financing for the franc-denominated bonds? Which type of bond should Amcor issue? PLEASE SHOW WORKING OUT