5. Note that the free cash flows you calculated in Question 4 are in Australian dollars. Use...
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5. Note that the free cash flows you calculated in Question 4 are in Australian dollars. Use Eq. 23.2 to determine the forward exchange rates for each of the five years of the project. Then use the forward rates to convert the cash flows to U.S. dollars.
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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