Question: Tools If the farmer found a slightly better interest rate to borrow at in India that 6% per year and received proceeds of $110,000 from

 Tools If the farmer found a slightly better interest rate to

Tools If the farmer found a slightly better interest rate to borrow at in India that 6% per year and received proceeds of $110,000 from converting the Indian proceeds from his loan, what would be the farmer's cost to hedge after accounting for his cost of capital? O $114,400 O $118,800 $116,600 O $110,000

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