Homework: 3-1 MyLab Homework Save Score: 0 of 4 pts 4 of 8 (5 complete) HW Score: 37.5%, 12 of 32 pts X Problem 14-1 (algorithmic) Question Help O Copper Mountain Group (U.S.). The Copper Mountain Group, a private equity firm headquartered in Boulder, Colorado, borrows 4,800,000 for one year at 8.875% interest a. What is the dollar cost of this debt if the pound depreciates from $2.0260/ to $1.9460/ over the year? b. What is the dollar cost of this debt if the pound appreciates from $2.0260/ lo $2.1630/ over the year? a. What is the dollar cost of this debt if the pound depreciates from $2.0260 to $1.3460/ over the year? 4.58 % (Round to two decimal places.) b. What is the dollar cost of this debt if the pound appreciates from $2.0260/4 to $2.16807 over the year? 9.48 % (Round to two decimal places.) Enter your answer in the answer box and then click Check