Solution-Difference between cost of borrowing in cash

Difference between cost of borrowing in cash

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Calculate the difference between cost of borrowing in cash and cost of borrowing in gold (in dollar amount). Note in calculating the difference, deduct the cost of borrowing in gold from the cost of borrowing in cash. All rates are quoted in continuously compounding. Round your final answer to 2 decimal places only.

Reference no: EM131063911

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Difference between cost of borrowing in cash

Reference no: EM131063911

Reference no: EM131063911

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