Risk and Economic Decisions (14 points) | You are the CEO of an American company that took out a yen-denominated loan from a Japanese bank one year ago when the yen-dollar exchange rate was 100 yen per dollar. You borrowed 1,000,000 yen at 5% interest and promised to repay the entire balance and interest in one payment at the end of the year. The current exchange rate is 90 Yen per dollar. a. In dollar term, what is the value of a 1,000,000 yen loan based on the exchange rate one year ago? (4 points) b. How much dollars would you need today in order to repay a 1,000,000 yen loan together with interest payment? (4 points) c. Based on your answers in a) and b), what effective dollar-denominated rate of interest did you pay for the loan? (6 points)