Grupo Bimbe (Mexice). Grupo Bimbo, heedquartered in Mexico City, is one of the largest bakery comparies in the world, On January tat, when ithe spot exchange rate isPio 10 azis, the compar banews $25.3 milion from a New York bank for one year at 6.77% interest (Mexican banks had quoted 9.64% for an equivalent loan in poscs), During that year, U.S inflaton is 2.4% and Monicat inflation is 4.5%. At the end of the year the firm repays the dollar loan. a. If Bimbo expected the spot rate at the end of one yeor to be equal to purchasing power parity. what would be the cost to Bimbo of its doliar ioan in peso-danominated interest? b. What is the real interest cost (adjusted for infation) to Bimbo, in peso-denominated terms, of borrowing the dollars for one year, again assuming purchaning power parity? c. If the actuat spol rale at the ond of the year turned ou to be Ps9.64/\$, what was the actual peso-donceninated interest cost of the loan? a. If Bmbe expected the spot rate at the end of one year to be equal to purchasing power party, what wouls be the cost to Bimbo of its dollar loan in peso-dencesinated interest? If Bmbo expected the spot rate at the end of one year to be equal to purchasing power pariz, the cost to Bimbo of its dolar loan in peso-denominated interest is 6. (fisund bo fout decimal places.) b. What is the real intereat cost (adjusted for inflation) to Bimbo, in peso-denominated terms, of bonrowing the dollars for one yoar, again assuming purchasing power parity? The real interest cost (adjusted for inflation) to Bimbo, in peso-denominated terms, of borrowing ene dollars for one year, again assuming purchasing power parity is 5. Round so four decimal places.) c. If the actual spot nate at the end of the year tumed out to be Ps9.64/5, what was the actual peso-denominated interest cost of the loan? If the actual spot rate at the end of the year tumed out to be Ps9.64/5, the actual peso-denominated interest cost of the loan is 6. (Round to four decimal places.)