Copper Mountain Group (U.S.). The Copper Mountain Group, a private equity firm headquartered in Boulder, Colorado, borrows

4,900,000

for one year at

7.625%

interest. a. What is the dollar cost of this debt if the pound depreciates from

$2.0270/

to

$1.9490/

over the year?b. What is the dollar cost of this debt if the pound appreciates from

$2.0270/

to

$2.1690/

over the year?

a. What is the dollar cost of this debt if the pound depreciates from

$2.0270/

to

$1.9490/

over the year?

nothing%

(Round to two decimal places.)b. What is the dollar cost of this debt if the pound appreciates from

$2.0270/

to

$2.1690/

over the year?

nothing%

(Round to two decimal places.)