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QUESTION 8 1.000 TropiKana Inc., a U.S. firm, has just borrowed euro 1,000,000 to make improve processing plant if the interest rate is 5.50% per

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QUESTION 8 1.000 TropiKana Inc., a U.S. firm, has just borrowed euro 1,000,000 to make improve processing plant if the interest rate is 5.50% per year and the Euro appreciates against the dollar from S time the loan was made to $1.45/ at the end of the first year, how much interest and principle will TropiKana pay at the end of the first year if they repay the entire loan plus interest (rounded)? ments to an Italian fruit plantation and 1.40/ at the $1,529,750 1,529,750 C $1,055,000 $1,477,000 Save All A Click Save and Submit to save and submit. Click Save All Answers to save all answers

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