Question: plz solve the question correctly ***PUT THE ANSWER IN 4 DECIMALS*** Assume that the Euros has an annual interest rate of 0.5 and is expected

 plz solve the question correctly ***PUT THE ANSWER IN 4 DECIMALS***

plz solve the question correctly ***PUT THE ANSWER IN 4 DECIMALS***

Assume that the Euros has an annual interest rate of 0.5 and is expected to appreciate by 0.7 against the dollar. What is the effective financing rate from borrowing Euros

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