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Business, 17.12.2021 05:30 brandonthomas11

If a U. S. multinational firm borrows euros for one year at 8% interest, and during the year the euro appreciates by 7% relative to the dollar, the approximate before-tax cost of this debt in dollar terms is Group of answer choices 15% 7% 1% 8%

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If a U. S. multinational firm borrows euros for one year at 8% interest, and during the year the eur...
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