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Suppose that the current 180-day interbank Eurodollar rate is 9% (all rates are stated on an annualized basis). If next period's rate is 9.5%, what

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

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