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Hoping someone could help me with this question thank you Tomework. Chapter 14 Homework Save Score: 0 of 1 pt 2 of 9 (0 complete)

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Hoping someone could help me with this question thank you

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Tomework. Chapter 14 Homework Save Score: 0 of 1 pt 2 of 9 (0 complete) HW Score: 0%, 0 of 9 pts Problem 14-3 (algorithmic) Question Help McDougan Associates (USA). McDougan Associates, a U.S.-based investment partnership, borrows (90,000,000 at a time when the exchange rate is $1.3458/E. The entire principal is to be repaid in three years, and interest is 6.650% per annum, paid annually in euros. The euro is expected to depreciate vis-a-vis the dollar at 3.3% per annum. What is the effective cost of this loan for McDougan? Complete the following table to calculate the dollar cost of the euro-denominated debt for years 0 through 3. Enter a positive number for a cash inflow and negative for a cash outflow. (Round the amount to the nearest whole number and the exchange rate to four decimal places.) Year 0 Year 1 Year 2 Year 3 Proceeds from borrowing euros E 90,000,000 Interest payment due in euros E E E Repayment of principal in year 3 (90,000,000) Total cash flow of euro-denominated debt E E E E Expected exchange rate, $/E 1.3458 Dollar equivalent of euro-denominated cash flow $ $ $ $ Enter any number in the edit fields and then click Check

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