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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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