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you borrow 600,000 for one year at 8.425% for one year at a spot price of $1.661/. What is the dollar cost of this debt

you borrow 600,000 for one year at 8.425% for one year at a spot price of $1.661/. What is the dollar cost of this debt

  • if pounds exchange rate changes to $1.556/? _____
  • if pounds exchange rate changes to $1.821/? _____

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