question archive you borrower money in Polish ZT at 7
Subject:FinancePrice: Bought3
you borrower money in Polish ZT at 7.0 percent and converted it to euro. After one year when you paid it, Polish ZT had appreciated by 3.5% against euro. Your cost of this borrowing is about:
-8.0 percent
-3.25 percent
-6.33 percent
-none of the answers in this question are correct
-10.74 percent