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Maston Corporation Has Forecasted the Value of the Russian Ruble

Question 22

Multiple Choice

Maston Corporation has forecasted the value of the Russian ruble as follows for the next year: ​
If the Russian interest rate is 30 percent, the expected cost of financing a one-year loan in rubles is:
Maston Corporation has forecasted the value of the Russian ruble as follows for the next year: ​ If the Russian interest rate is 30 percent, the expected cost of financing a one-year loan in rubles is: A) 27.14 percent. B) 32.86 percent. C) 26.10 percent. D) none of the above


A) 27.14 percent.
B) 32.86 percent.
C) 26.10 percent.
D) none of the above

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