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Qantas borrowed via a bank bill facility and has fully hedged its exposure using BAB futures contracts. The effective borrowing rate for the funds is:
Qantas borrowed via a bank bill facility and has fully hedged its exposure using BAB futures contracts. The effective borrowing rate for the funds is: Group of answer choices
the current market interest rate
the agreed yield
determined by the market interest rates on rollover dates
the forward yields on the BAB futures contracts
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