Question 23 13 pts Micron Technology wants to build a manufacturing facility in Singapore to supply products to customers in Asia and will need about 2 billion in SGD over the next 5 years (the current exchange rate is about $0.6). Sea Technology (a Singapore company) wants to expand US operation and needs $1.2 billion worth of USD to build a campus and hire people over the next 5 years. Micron can borrow USD at 1.5% for 5 years and 5% in Singapore in similar maturity. Sea can borrow at 2185% in Singapore and 4.5% in the US for 5 years. How much interest payments over the next 5 years can Micron and Sea save if they agreed to a currency swap? Edit View Insert Format Tools Table 12pt Paragraph BI U Ave Tv O words >