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If Like A Lot Corp. borrows yen at a nominal annual interest rate of 5.86% and during the year the yen appreciates by 8.52%, what

If Like A Lot Corp. borrows yen at a nominal annual interest rate of 5.86% and during the year the yen appreciates by 8.52%, what will the effective annual interest rate be for the loan? Question. The effective annual interest rate, E, is?

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