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Question 5 of 5 20 Points A Questi As you know, Taiwan Semiconductor (TSM) is currently building a large semiconductor foundry plant in Arizona which

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Question 5 of 5 20 Points A Questi As you know, Taiwan Semiconductor (TSM) is currently building a large semiconductor foundry plant in Arizona which will take at least 2 years to complete. This Investment is receiving support from US Federal, State, and local government in the form of capital, tax breaks and other incentives. However, TSM will have a large exposure to fluctuations in the USD-TWD exchange rate (TWD - Taiwan Dollar) As part of the incentive deal TSM will enter into a one-year Non-Deliverable Forward (NDA) contract with Citigroup to hedge a USD 5086356 payment. Citigroup has agreed that the NDF payment will be in TWD. The current reference exchange rate USD-TWDis 27.7875. Under the terms of the NDF, TSM has agreed to pay TWO to meet the USD payment. Enter your answer rounded to two decimal places, no commas, ex: 14151132233 One year later the new reference exchange rate USD TWD is 26.7186. TSM will have to pay TWD to acquire the USD. Enter your answer rounded to two decimal places, no commas, ex 33616782185 Recall that the NDF payment is in TWD. The size of the NDF payment in TWD is NOTE: ENTER THIS NUMBER AS A POSITIVE VALUE IF TSM PAYS CITIGROUP THIS AMOUNT, ex 5343500.48 rounded to 2 decimal places, no commas: ENTER THIS NUMBER AS A NEGATIVE VALUE IF CITIGROUP PAYS TSM THIS AMOUNT, ex-5343500.48 rounded to 2 decimal place, no commas. The total amount of TWD that TSM pays, including the NDF payment, is equal to TWD Again, enter this value rounded to 2 decimal places, no commas. Mark for Review.What's This

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