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QUESTION 17 Jones Corp. a MNC has decided to issue three-year bonds denominated in 10 million euros at par The bonds have a coupon rate

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QUESTION 17 Jones Corp. a MNC has decided to issue three-year bonds denominated in 10 million euros at par The bonds have a coupon rate of 10 percent. If the euro is expected to appreciate from its current level of $1.13 to $1.15, S1 18, and $1.20 in years 1, 2, and 3 respectively, what is the financing cost of these bonds? Oa 17 percent Ob.23 18 percent Oc 23.39 percent d. 12.23 percent

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