Question: Use the following the answer the next two questions. ABC corporation (US firm) is evaluating a project with the following expected cash flows and discount

 Use the following the answer the next two questions. ABC corporation

Use the following the answer the next two questions. ABC corporation (US firm) is evaluating a project with the following expected cash flows and discount rate(K): Year o Year 1 Year 2 Year 3 Year 4 K= .10 K=.12 Kr. 15 K=.18 Dollars -100,000 100,000 150,000 200,000 -100,000 Euros -400,000 120,000 300,000 -100,000 80,000 130,000 Pounds -200,000 -80,000 150.000 90,000 Exchange rates over this four year period are as follows: Exchange Rate Year 0 Year 1 Euros 2 USD/E 1.5 USD/E Year 2 Year 3 Year 4 1.75 USD/E 2.5 USD/E 2 USD/E Pounds 1.8 USD/BP 1.6 USD/BP 1.85 USD/BP 2.2 USD/BP 1.9 USD/BP Find the initial outlay (year 0 cost) in dollars for the project. Round intermediate steps and your final answer to four decimals. Do not use the dollar sign when entering your answer and enter the cost as a positive number

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