Problem 14-3 (algorithmic) Question Help McDougan Associates (U.S.). McDougan Associates, a U.S.-based investment partnership, borrows 70,000,000 at a time when the exchange rato is $1.3496ve. The entire principal is to be repaid in three years, and interest is 6.75 % per annum, paid annualy n euros. The euro is expected to depreciate vis--vis the dolar at 33% 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 Interest payment due in euros Repayment of principal in year 3 70,000,000 (70,000,000) --Je [ Je Total cash flow of euro-denominated debt Expected exchange rate, S/E 1.3496 Dollar equivalent of euro-denominated cash flow