Hi,

I need help with a question. Can you advise if the figures can be calculated using formulas or do I need a spread sheet?

Maston Corporation has forecasted the value of the Russian ruble for the next tear as follows: Percentage change -5% and probability of 20%, percentage change -3% and probability of 50%, percentage change 1% and a probability of 30%. If the Russian ruble borrowing rate is 30%, the expected cost of financing a one-year loan in rubles would be what?