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the dollar-based interest is 6.79% for the 1-year period. 1-year loans are 12.04% in baht. baht terms? dollar markets), what might be the effective cost

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the dollar-based interest is 6.79% for the 1-year period. 1-year loans are 12.04% in baht. baht terms? 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)

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