AT company is a consulting firm located in Toronto. The company specializes in the construction and operation of passive solar installations. It has recently acquired a contract with a French utility firm EDF company to provide management support for a solar installation project in France. The contract is for 3 years commencing July 1, 2022. The amount of the contract is 30,000,000 FF The contract is payable on a percentage of completion basis, AT has estimate the following billing rate. Dec 31, 2022 25% June 30, 2023 45% Dec 31, 2023 57% June 30, 2024 68% Dec 31, 2024 85% June 30, 2025 100% Costs will be incurred on the following basis, 70% in CDN $ and 30% in FF The company expects a 20% GM on the total contact The company expects to incur costs at the following rate Dec 31, 2022 35% June 30, 2023 45% Dec 31, 2023 62% June 30, 2024 78% Dec 31, 2024 90% June 30, 2025 100 Required Utilizing the following data what advice would you give AT regarding FC risk associated with this transaction. Your answer should include data analytics to support your answerDate Exchange Date Exchange W N H Rate Rate CDN/FF $1 CDN CDN/EU FF French franks per 1 FF Euro turday 08 January 2022 0.002191 0.2191 Saturday 08 January 2022 1.4374 Friday 07 January 2022 D.002191 0.2191 Friday 07 January 2022 1.4374 Thursday 06 January 2022 0.002203 0.2203 Thursday 06 January 2022 1.4451 Wednesday 05 January 2022 0.002195 0.2195 Wednesday 05 January 2022 1.4399 Tuesday 04 January 2022 0.002193 0.2193 Tuesday 04 January 2022 1.4382 Monday 03 January 2022 0.002198 0.2198 Monday 03 January 2022 1.442 Sunday 02 January 2022 0.002194 0.2194 Sunday 02 January 2022 1.4393 Saturday 01 January 2022 0.002194 0.2194 Saturday 01 January 2022 1.4393 Friday 31 December 2021 0.002194 0.2194 Friday 31 December 2021 1.4393 Thursday 30 December 2021 0.002208 0.2208 Thursday 30 December 2021 1.4481 15 Wednesday 29 December 2021 0.002208 0.2208 Wednesday 29 December 2021 1.4486 16 Tuesday 28 December 2021 0.002209 0.2209 Tuesday 28 December 2021 1.4487 Monday 27 December 2021 0.002215 0.2215 Monday 27 December 2021 1.4529 18 Sunday 26 December 2021 0.002211 0.2211 Sunday 26 December 2021 1.4502 19 Saturday 25 December 2021 0.002211 0.2211 Saturday 25 December 2021 1.4502 20 Friday 24 December 2021 0.002211 0.2211 Friday 24 December 2021 1.4502 Thursday 23 December 2021 0.002212 0.2212 Thursday 23 December 2021 1.451 Wednesday 22 December 2021 0.002224 0.2224 Wednesday 22 December 2021 1.4589 23 Tuesday 21 December 2021 0.002226 0.2226 Tuesday 21 December 2021 1.4599 Monday 20 December 2021 0.002221 0.2221 Monday 20 December 2021 1.4569 25 Sunday 19 December 2021 0.002215 0.2215 Sunday 19 December 2021 1.4527 26 Saturday 18 December 2021 0.002215 0.2215 Saturday 18 December 2021 1.4527 27 Friday 17 December 2021 0.002215 0.2215 Friday 17 December 2021 1.4527 28 Thursday 16 December 2021 0.002208 0.2208 Thursday 16 December 2021 1.4484 Wedneed -2021 1 00271 Wednes ber 2021Wednesday 15 December 2021 0.00221 0.221 Wednesday 15 December 2021 1.4496 Tuesday 14 December 2021 0.002209 0.2209 Tuesday 14 December 2021 1.449 Monday 13 December 2021 0.002193 0.2193 Monday 13 December 2021 1.4388 Sunday 12 December 2021 0.002186 0.2186 Sunday 12 December 2021 1.434 Saturday 11 December 2021 0.002186 0.2186 Saturday 11 December 2021 1.434 Friday 10 December 2021 0.002186 D.2186 Friday 10 December 2021 1.434 Thursday 09 December 2021 0.00219 0.219 Thursday 09 December 2021 1.4363 Wednesday 08 December 2021 0.00217 0.2177 Wednesday 08 December 2021 1.4281 Tuesday 07 December 2021 0.002174 0.2174 Tuesday 07 December 2021 1.4258 Monday 06 December 2021 0.002201 0.2201 Monday 06 December 2021 1.4437 Sunday 05 December 2021 0.002206 0.2206 Sunday 05 December 2021 1.4471 Saturday 04 December 2021 0.002206 0.2206 Saturday 04 December 2021 1.4471 Friday 03 December 2021 D.002206 0.2206 Friday 03 December 2021 1.4471 Thursday 02 December 2021 0.002214 0.2214 Thursday 02 December 2021 1.4526 Wednesday 01 December 2021 0.0022 0.22 Wednesday 01 December 2021 1.4433 Tuesday 30 November 2021 0.002213 0.2213 Tuesday 30 November 2021 1.4518 Monday 29 November 2021 0.002189 0.2189 Monday 29 November 2021 1.4362 Sunday 28 November 2021 0.002195 0.2195 Sunday 28 November 2021 1.4397 Saturday 27 November 2021 0.002195 0.2195 Saturday 27 November 2021 1.4397 Friday 26 November 2021 0.002195 0.2195 Friday 26 November 2021 1.4397 Thursday 25 November 2021 0.002168 0.2168 Thursday 25 November 2021 1.4223 Wednesday 24 November 2021 0.002169 0.2169 Wednesday 24 November 2021 1.4227 Tuesday 23 November 2021 0.002184 0.2184 Tuesday 23 November 2021 1.4324 Monday 22 November 2021 0.002173 0.2173 Monday 22 November 2021 1.4257 Sunday 21 November 2021 0.002173 0.2173 Sunday 21 November 2021 1.4254 Saturday 20 November 2021 0.002173 0.2173 Saturday 20 November 2021 1.4254 Friday 19 November 2021 0.002173 0.2173 Friday 19 November 2021 1.4254 Thursday 18 November 2021 0.002179 0.2179 Thursday 18 November 2021 1.4295 Wednesday 17 November 2021 0.002166 0.2166 Wednesday 17 November 2021 1.4206 Tuesday 16 November 2021 0.002172 0.2172 Tuesday 16 November 2021 1.4248 Monday 15 November 2021 0.002185 0.2185 Monday 15 November 2021 1.4334 Sunday 14 November 2021 0.002198 0.2198 Sunday 14 November 2021 1.4416 Saturday 13 November 2021 0.002198 0.2198 Saturday 13 November 2021 1.4416 Friday 12 November 2021 0.002198 0.2198 Friday 12 November 2021 1.4416 Thursday 11 November 2021 0.002198 0.2198 Thursday 11 November 2021 1.4419 Wednesday 10 November 2021 0.002191 0.2191 Wednesday 10 November 2021 1.4371 Tuesday 09 November 2021 0.002195 0.2195 Tuesday 09 November 2021 1.4397 Monday 08 November 2021 0.002197 0.2197 Monday 08 November 2021 1.4411 Sunday 07 November 2021 0.002186 0.2186 Sunday 07 November 2021 1.4341 Saturday 06 November 2021 0.002186 0.2186 Saturday 06 November 2021 1.4341