Effective interest rate on the loan
A firm borrows euros at 10 percent for one year. During this time period the dollar falls 17 percent against the euro. What is the effective interest rate on the loan for one year?
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Also outstanding all year were 6,220 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share. DiCenta' tax rate is 40%. Compute DiCenta' 2010 diluted earnings per
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