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how much would a company need to pay to borrow $10 million if the spote rate for euro is $1.2101/euro, $0.0083/JPY for japan the one
how much would a company need to pay to borrow $10 million if
Type of loan Rate 1-year U.S. dollar loan 1.10% 1-year Euro loan 0.42% 1-year yen loan -0.27% the spote rate for euro is $1.2101/euro, $0.0083/JPY for japan
the one year forward rate is $1.2165/euro and $0.0087/JPY 
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Managerial Accounting
Authors: James Jiambalvo
4th edition
9780470546888, 9780470333341, 470546883, 470333340, 978-0470578797
