3. Suppose you own a fleet of trucks shipping goods between New York and Vancouver, you receive clients' payment at the beginning of each year (assume the payment is the net income), and sale the fleet at the end of 2008. Suppose the exchange rate is 1 CAD - 0.78 USD, and the discount rate is 9%. What is the estimated firm value? 2006 Net CAD250,000 income 2007 CAD300,000 2008 CAD380,000 2008 Sale of USD250,000 fleet A. $ 890,808 B. $ 953,607 C. $ 852,199 D. $ 1,009,944