a. An MNE has a contract for a relatively predictable long-term inflow of Japanese 5,000,000 every quarter for the next 15 years. The firm chooses to hedge the exchange rate risk by using the matching currency cash flow approach. If the interest rate is 8%, how much Japanese \ should the firm borrow today? b. With the risk-sharing agreement, Apple purchases from Foxconn in Chinese RMB at the current spot rate as long as the spot rate is between RMB5.60/$ and RMB6.60/$. If the spot rate falls outside of this range, both companies will share the difference equally. On the date of invoice (a total of RMB50,000,000), the spot rate is RMB5.25/$. According to the agreement, what's the total amount of US dollar needed for Apple to make the payment? Foxconn would agree to accept what amount of RMB for this invoice