Question: Verify your answer to Problem 17 using the foreign-currency approach. From Problem 17 Investment: A$ 40,000,000 Cash Flows: Year 1 A$ 5,000,000 Year 2

Verify your answer to Problem 17 using the foreign-currency approach.
From Problem 17
Investment: A$ 40,000,000
Cash Flows: Year 1 – A$ 5,000,000
Year 2 – A$ 9,000,000
Year 3 – A$ 16,000,000
Year 4 – A$ 20,000,000
Year 5 – A$ 8,000,000
Year 6 – A$ 3,000,000

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