Question: Moving to another question will save this response Question 3 A British subsidiary is remining CFs to its parent company in the US. After withholding

 Moving to another question will save this response Question 3 A

Moving to another question will save this response Question 3 A British subsidiary is remining CFs to its parent company in the US. After withholding tax, the CFs amount to Year 1 GBP 100,000 Year 2 GBP 150.000 Year 3 GBP 200 000 The exchange rate for year 1 is projected to be 5 1.327 GBP and you expect that it will depreciate annually by 10% What is the sum of the present value of these cash flows in dollars, the required rate of return is 10%? Provide your answer rounded to two decimale Moving to another question will save this response

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