Short answer: Not as a single number. Geopolitical risk is priced in three complementary ways: a risk premium on the discount rate, contract terms (exit mechanisms, milestone-based payments, expanded force majeure clauses), and deal structure (phased entry, a local partner, political risk insurance). Whoever prices it only through the interest rate pays more and is protected less.
The longer view
A risk premium compensates for average loss, but geopolitical risk is not average: either it does not happen, or it happens all at once. The right tool is therefore weighted scenarios: what the deal is worth in each scenario, and what the probability of each scenario is. A deal that pays off in only one scenario is not a deal but a bet.
The contract is the cheapest place to manage risk. An exit clause triggered by a regulatory decision, or a payment deferred until a corridor opens, is worth more than any price discount. To draft such a clause you need to know in advance which events change the deal, and that is precisely the work of scenario analysis.
This is a reading through the seven layers of The Blue Pumpkin, the method of Dr. Bella Barda-Bareket.
What to do tomorrow morning
In the next deal, add one slide to the investment deck: the deal's value under three geopolitical scenarios, and which contract clauses protect against the worst one.