Apple is planning the launch of a new phone in Europe that should be in the merket for the next three years. The expected cash flows for the phone during the following years (in hundreds of millions) are 7. 7.2 and 5 hundred millions. Te expected exchange rates ins per are 1.14 for 2023, 1.10 for 2024 and 1.05 for 2025 . The cost of capital is 10% What value for the European launch of the new iPhone? a. 16.93 b. 10:14 C.12,52 d. None of the others