7-109 What Is the Net Interest Income in Dollars If

question 63

Multiple Choice

7-109 What is the net interest income in dollars if the spot prices at the end of the year are $1.35/£ and €1.35/$ and the liabilities instead cost 7 percent instead of 8 percent?

• A)$1,080,000.
• B)$116,592.59.
• C)$100,567.45.
• D)$112,677.94.
• E)$120,009.76.

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