Business, 12.12.2019 22:31 kaitlynmoore42
Assume a u. s.-based mnc is borrowing romanian leu at an interest rate of 8 percent for one year. also assume that the spot rate of the leu is $.00012 and the one-year forward rate of the leu is $.00010. the expected spot rate of the leu one-year from now is $.00011. what is the effective financing rate for the mnc assuming that it borrows leu on a covered basis
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Assume a u. s.-based mnc is borrowing romanian leu at an interest rate of 8 percent for one year. al...
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