Question: Question 15 2 pts Ardmona Dried Fruit Providers is considering expanding operations in Japan costing $730,000 Japanese yen. The current exchange rate is AUD/YEN 84.69.

 Question 15 2 pts Ardmona Dried Fruit Providers is considering expanding

Question 15 2 pts Ardmona Dried Fruit Providers is considering expanding operations in Japan costing $730,000 Japanese yen. The current exchange rate is AUD/YEN 84.69. The risk-free interest rate in Japan is 1.96% p.a. and in Australia is 1.09%. What would be the required rate of return to calculate the NPV in Japanese Yen for this investment if investments of a similar risk in Australia have a required rate of return of 14.4%? Record your answer in decimals and to four decimal places 0.0000. e.g.. your answer should be 0.034 not 3.40%

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