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Question 5 of 10 -/4 HII View Policies Current Attempt in Progress A Swiss sporting goods company borrows in yen in the Eurocredit market at

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Question 5 of 10 -/4 HII View Policies Current Attempt in Progress A Swiss sporting goods company borrows in yen in the Eurocredit market at a rate of 494 percent from Bank of America using a three month rollover loan. Bank of America assigns a default risk premium of 1.93 percent on the loan and the country risk an additional 0.76 percent. The bank can borrow funds in the Euromarket at the three-month LIBOR rate of 0.30 percent. What is Bank of Americas gross profit margin on this loan? (Round answer to 1 decimal places, es 15.21 Gross profit margin Save for later Attempts: unlimited Sutonit A

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