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Suppose your company borrows EUR2,000,000 for one year at 5% p.a. If the EUR appreciates from EUR 0.8/$ to EUR0.70/$, what is the cost of
Suppose your company borrows EUR2,000,000 for one year at 5% p.a. If the EUR appreciates from EUR 0.8/$ to EUR0.70/$, what is the cost of your debt?
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