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How the appreciation of the Japanese yen against the Australian dollar would affect the cost to an Australian company that borrowed Japanese yen and used

How the appreciation of the Japanese yen against the Australian dollar would affect the cost to an Australian company that borrowed Japanese yen and used the proceeds for an Australian project.

Select one:

a. Australian companys cost of borrowing will be higher

b. Australian companys cost of borrowing will be lower

c. Japanese companys cost of borrowing will be higher

d. Japanese companys cost of borrowing will be lower

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