Grupo Modelo S.A. B, de C. V. Grupo Modelo, a brewery out of Mexico that exports such well known vaneties as Corona, Modelo, and Pacifico, is Moxican by incorporation However, the company evaluates all business results, including financing costs, in US dollars. The company needs td borrow 520 , 000 , 000 or the foreign currency equivalent for four years For all issues, interest is payabie once per year, at the end of the year. Avaltable alternatives are as follows a. Sell Japanese yen bonds at par yolding 3.10% per annum. The current exchange rate is 106.00/\$, and the yon is expected to strengthen against the dolliaf by 23% per annum. What is the effective cost of the yen-denominated loan for Grupo Modelo? b. Sell euro-denominated bonds at par yelding 6.70% per annum. The current exchange rate is $1 1990f, and the euro is expected to weaken apainst the doliar by 2.15 per annum. What is the effective cost of the euro denominated loan for Grupo Modelo? c. Sell US dolar bonds at par yelding 520% per annum What is the effective cost of the doltar-denominated loan for Grupo Modelo? d. Which course of action do you recommend Geupo Modolo take and whry? a. Complefe the following table to calculate the dollar cost of the ven-denominated dobt for years 0 triough 4 Entor a positive number for a cast inflow and a negative number for a cash outflow. (Round the amount to the nearest whole number and the exchange fate to two decimal places.)