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please assist with answer. McDougan Associates (USA). McDougan Associales, a U.S.-based investrent garthership, borrows 675,000,000 at a time when the exchange rate is 51.3321. The

please assist with answer.
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McDougan Associates (USA). McDougan Associales, a U.S.-based investrent garthership, borrows 675,000,000 at a time when the exchange rate is 51.3321. The entie principal is to be repaid in three years, and interest is 6.350% per annum, paid annually in euros. The euro is expected to depreciate vis-ti-vis the dolar at 3.5% per annum What is the ellective cost of this loan for MoDougan? (Round the amount to the nearest whole number and the exchange rate to four decimal places)

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