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I need some help in both these questions;1.MLC Audio has decided to issue 3-year bonds denominated in 10 million Singapore dollars. The bonds have a coupon rate of 10%. The Singapore dollar is expected to appreciate from its current level of \$.82 to \$.80, \$.79, and \$.78 in years 1, 2, and 3, respectively. Calculate the financing cost (in percent) of these bonds. Show how you derive the answer.;2. Marcus, Inc., a U.S. company takes out a 1-year loan in Germany. The U.S. 1-year interest rate is 5%, and the German 1-year interest rate is 6%. The spot rate of the euro is \$1.33 and the 1-year forward rate is \$1.29. Calculate the effective financing rate for Marcus. Show how you derive the answer.
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Effective Financing Cost

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This question was answered on: Dec 18, 2020

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