the dollar-based interest is 6.79% for the 1-year period. 1 -year loans are 12.05% in baht. in Thai baht terms? competitiveness in dollar markets), what might be the effective cost of funds in baht terms? c. If EAC could borrow Thai baht at 13.00% per annum, would this be cheaper than either part a or part b ? in Thai baht terms? The effective cost of funds, in baht terms, is \%. (Round to three decimal places.)