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Category > Business & Finance Posted 22 Jul 2017 My Price 11.00

lowa Grain Syndicate Iowa Grain Syndicate exports

lowa Grain Syndicate Iowa Grain Syndicate exports large quantities of corn and wheat to Russia and eastern Europe. The Syndicate was quoted a borrowing rate of 9% p.a. in Chicago, but borrowed €3,000,000 for one year at 6% interest in Frankfurt in order to save on interest costs. During the year the euro appreciated 8% from its initial rate of Si .2000/€, Was it wise for the Syndicate to borrow in Frank-, fin instead of Chicago? What was its all in cost

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Status NEW Posted 22 Jul 2017 12:07 PM My Price 11.00

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