Exhibit 20-3 Cameron Corporation Would Like to Simultaneously Borrow Japanese Yen (¥)

question 54

Multiple Choice

Exhibit 20-3
Cameron Corporation would like to simultaneously borrow Japanese yen (¥) and Sudanese dinar (SDD) for a six-month period. Cameron would like to determine the expected financing rate and the variance of a portfolio consisting of 30% yen and 70% dinar. Cameron has gathered the following information:

-Refer to Exhibit 20-3. What is the expected financing rate of the portfolio contemplated by Cameron Corporation?

• A) 3.10%.
• B) 1.90%.
• C) 17.00%.
• D) 13.00%.
• E) none of the above

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