Question: ABC Co . is a U . S . firm with a subsidiary in UAE. The subsidiary reinvests 2 0 % of its net cash
ABC Co is a US firm with a subsidiary in UAE. The subsidiary reinvests of its net cash flows into operations and remits the remaining to the parent. ABC Co has expected cash flows of $ from domestic business and the UAE subsidiary is expected to generate million dirhams at the end of the year. The expected value of the dirham at the end of the year is $ What are the expected dollar cash flows of the parent of XYZ Co in one year?a$b$c$d$
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