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A French utility seeks USD financing because it perceives the USD as over-bought and because USD rates are lower than EUR rates

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A French utility seeks USD financing because it perceives the USD as over-bought and because USD rates are lower than EUR rates. A British bank, active in the Eurocurrency market, promises competitive rates and offers a 90-day USD 30 million loan at a rate of 4% (LIBOR convention). Loan fees are 0.4%.

Calculate the all-in cost.