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The Dynamic Group, a private equity firm headquartered in Miami, Florida (US), borrow5 55,000,000 for one year at 7,35% interest. What is the dallar cost

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The Dynamic Group, a private equity firm headquartered in Miami, Florida (US), borrow5 55,000,000 for one year at 7,35% interest. What is the dallar cost of this debt if the pound depreciates from $2.0260/E to $1.9310/ over the year? 2.32% 2.58s 2.85% 2.059

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