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A US Company May Borrow USD Funds at Libor Plus 0.2%- 0.2 \%

question 9

Multiple Choice

A US company may borrow USD funds at Libor plus 1%. In the EUR market, it can raise fixed-rate financing at 3%. It may also access a currency swap that is quoted as: Fixed EUR 3.0-3.2% vs Floating USD Libor. The cheapest rate at which the company can borrow floating dollar funds is:

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