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Suppose that the current 180 day interbank Eurodollar rate is 9 percent (all rates are stated on an annualized basis). If next period's rate is

Suppose that the current 180 day interbank Eurodollar rate is 9 percent (all rates are stated on an annualized basis). If next period's rate is 9.5 percent, what will a Eurocurrency loan priced at LIBOR plus 1 percent cost

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