You've issued 100,000,000 Yen of new debt in Japan with 3 years to maturity and you're a US $ based firm.How do you structure a swap so that your debt effectively becomes dollar/US based?

Specifically,as the US based firm, what is your payment in the first year through the swap?

For this swap, the Yen interest rate is 0.36%, whereas theDollar rate is 1.26%.The current exchange rate is 101Yen per dollar.

please show work in detailf

Select one:

a. 360000 Yen

b. 12475 Dollars

c. 3564 Yen

d. 1260000 Yen

e. 130000 Yen