Lantau Beer (B): Japanese Yen Debt. Lantau Beer of Hong Kong borrowed Japanese yen under a long-term loan agreement several years ago. The company's new CFO believes, however, that what was originally thought to have been relatively "cheap debt" is no longer true. What do you think? (Click on the icon to import the table into a spreadsheet.) Annual yen payments on debt agreement () Average exchange rate, /HK$ Annual yen debt service, HKS 2010 12,900,000 12.64 2011 12,900,000 11.84 2012 12,900,000 11.18 Calculate the necessary variables for the analysis below (Round to the nearest integer.) 2010 2011 2012 Analysis of Japanese yen-Denominated Debt Annual yen payments on debt agreement (*) Average exchange rate, W/HKS Annual yen debt service, HK$ 12,900,000 12,900,000 12,900,000 12.64 11.84 11.18 What do you think? (Select from the drop-down menus.) The analysis of debt service payments on the Japanese yen-denominated long-term loan indicates that for the past two years the effective cost of repaying the loan, in Hong Kong dollars, has been steadily as the Hong Kong dollar has in value against the Japanese yen. In fact, the Japanese yen debt proven to be as cheap as thought