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( d ) Companies x wishes to borrow US dollars at a fixed interest rate. Company Y wishes to borrow Indians rupees at a fixed

(d) Companies x wishes to borrow US dollars at a fixed interest rate. Company Y wishes to borrow Indians rupees at a fixed rate of interest. The amounts required by the two companies are roughly the same at the current exchange rate. The companies have been quoted the following interest rates, which have been adjusted for the impact of taxes :
\table[[,Rupees,Dollars],[Company X,9.6%,6.0%
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