Assume the following information regarding U.S. and Canadian annualized interest rates: Currency Lending Rate Borrowing Rate U.S. Dollar ($) 5.8996 6.3596 Canadian Dollar (C$) 5.6096 6.00% Piggy Bank can borrow either $20 million or C$30 million. Furthermore, Piggy Bank expects the spot rate of the Canadian dollar to be $0.82 in 60 days (the current spot rate is $0.80). What amount will the borrowed amount convert to today? a. $16 million b. C$24.39 million c. C$16 million d. C$25 million e. $25 million A firm has the following cash flows streams for a potential real option: No abadonment: Prob 0.6 0.4 $ $ 0 (100,000) $ (100,000) $ 1 90,000 $ (50,000) $ 2 90,000 $ (50,000) $ 90,000 (50,000) O Abandonment: Prob 0.6 0.4 90,000 $ 1 90,000 $ (50,000) $ $ 90,000 (100,000) $ (100,000) $ What is the expected NPV is the firm cannot abandon the project? Use a WACC of 10% for this part an