Copper Mountain Group (U.S.). The Copper Mountain Group, a private equity firm headquartered in Boulder, Colorado, borrows 5 comma 500 comma 000 for one year at 7.375 % interest.

a. What is the dollar cost of this debt if the pound depreciates from $2.0250 / to $1.9450 / over the year?

b. What is the dollar cost of this debt if the pound appreciates from $2.0250 / to $2.1610 / over the year? a. What is the dollar cost of this debt if the pound depreciates from $2.0250 / to $1.9450 / over the year?

!!Round to two decimal places.