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QID: #2807
Solution for QID #2807: you borrower money in Polish ZT at 7.0 percent and converted | StudyHelpMe
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
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