Question: [ 10-pts ] 6. (Mark Cuban example) REFINANCING Your USA client has $25 million USS debt and will refinance that debt to take advantage of

[ 10-pts ] 6. (Mark Cuban example) REFINANCING Your USA client has $25 million USS debt and will refinance that debt to take advantage of expected weakening of the Yen. Therefore, you first refinance the $25m amount into equivalent value in Yen debt, when the exchange rate was 94 Yen/s. A year later the exchange rate had changed to 118 Yen/S. At that time, you refinance your total Yen debt back into S. (ignore interest payments) $

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