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It can use the cash to invest in the business and not wait for customer payments Question 29 4 pts XYZ company, based in the

image text in transcribed It can use the cash to invest in the business and not wait for customer payments Question 29 4 pts XYZ company, based in the US, plans to finance in Japanese yen. The interest rate will be 10%. It has used a currency contract to lock in a 2% appreciation of the yen vs. the USD. What is the effective interest rate it will pay: 5.8% 10.2% 12.2% 8.2%

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