DVR Inc. can borrow dollars for five years at a coupon rate of 2.84 percent. Alternatively, it can borrow yen for five years at a rate of .94 percent. The five-year yen swap rates are 0.730.70 percent and the dollar swap rates are 2.502.53 percent. The currency /$ exchange rate is 87.620. Determine the dollar AIC and the dollar cash flow that DVR Inc. would have to pay under a currency swap where it borrows 1,750,000,000 and swaps the debt service into dollars.

Borrow:

Swap: Provide accurate solution with explanation of all the requirements. Use excel calculations with excel formulas.

Provide solution ASAP.