1. Interest expense on a loan denominated in another currency is converted at: A. The forward rate for delivery when the interest must be paid B. The spot rate when the loan was made C. The spot rate when the interest is accrued D. The average spot rate for the period the interest covers
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Home » Business » 1. Interest expense on a loan denominated in another currency is converted at: A. The forward rate for delivery when the interest must be paid B. The spot rate when the loan was made C. The spot rate when the interest is accrued D.