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What is the effective US dollar cost of this debt? Assumptions Value Principal borrowed for three years, in euros 80,000,000 Interest rate on loan, percent
- What is the effective US dollar cost of this debt?
| Assumptions |
| Value |
| Principal borrowed for three years, in euros |
| 80,000,000 |
| Interest rate on loan, percent per annum |
| 6.000% |
| Beginning spot rate, $/euro |
| 1.22 |
| Expected % change in the euro versus the dollar |
| -3.000% |
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Python For Finance
Authors: Yves Hilpisch
2nd Edition
1492024333, 978-1492024330
