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iii. If you plan to borrow for 12 months at the end of year 1, what rate you expect to see? How would your answer
iii. If you plan to borrow for 12 months at the end of year 1, what rate you expect to see? How would your answer Change if you plan to borrow for 18 months at the end of the first six-Irlouth period? (I 0 points)
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