Question: 4. (10 points) Which alternative would you recommend? How much can you save in present value terms by following your recommended alternative as opposed

4. (10 points) Which alternative would you recommend? How much can you save in present value terms by

4. (10 points) Which alternative would you recommend? How much can you save in present value terms by following your recommended alternative as opposed to issuing the EUR bond? Is this saving guaranteed if Carrefour plans to keep the bond and the associated forward or swap contracts until maturity?

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