Question $2$

$1pts$

Suppose our corporation can borrow in euro at $5\%$ for $1$ year. The current exchange rate is $$\frac{1\mathrm{.}10}{},$ and the euro is expected to appreciate against the dollar to $$\frac{1\mathrm{.}2}{}.$ What is the interest rate cost of the bond in USD? Please enter your answer as $\%--$ e$.$g$.$ if your answer is $2\mathrm{.}34\%$ type in $2\mathrm{.}34.$