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Seminole, Inc., can borrow a 1-year loan in either U.S. dollars or Singapore dollars. The U.S. dollar-denominated loan would have an interest rate of 12%;

Seminole, Inc., can borrow a 1-year loan in either U.S. dollars or Singapore dollars. The U.S. dollar-denominated loan would have an interest rate of 12%; Singapore dollar-denominated loan would have...

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