(c) Compare the strong and weak Australian dollar scenarios. In the strong AU$ scenario, an Australian dollar costs US$1.5432 in Year 1 and will appreciate by $US0.01 every year. In the weak AU$ scenario, an Australian dollar costs US$1.1209 in Year 1 and will depreciate by $US0.01 every year. Complete the spreadsheet below. [3 marks]

90% % 0,00 123 Default (Ca... 11 B IS A Juli B C D (c) Compare the strong and weak Australian dollar scenarios. In the strong AU$ scenario, an Australian dollar costs US$1.5432 in Year 1 a year. Complete the spreadsheet below. [3 marks] Year 0 Year 1 Year 2 Year 3 Strong SAU scenario 12 Net cash flow to subsidiary 13 A$ remitted by subsidiary 14 Withholding tax on remitted funds 15 A$ remitted after withholding taxes 16 Salvage value 17 Exchange rate of AS 18 Cash flows to parent 19 PV of parent cash flows 20 Initial investment by parent (USS) 21 Cumulative NPV (USS) Weak SAU scenario 12 Net cash flow to subsidiary 13 As remitted by subsidiary 14 Withholding tax on remitted funds 15 A$ remitted after withholding taxes 16 Salvage value 17 Exchange rate of AS 18 Cash flows to parent 19 PV of parent cash flows 20 Initial investment by parent (US$) 21 Cumulative NPV (USS) 90% % 0,00 123 Default (Ca... 11 B IS A Juli B C D (c) Compare the strong and weak Australian dollar scenarios. In the strong AU$ scenario, an Australian dollar costs US$1.5432 in Year 1 a year. Complete the spreadsheet below. [3 marks] Year 0 Year 1 Year 2 Year 3 Strong SAU scenario 12 Net cash flow to subsidiary 13 A$ remitted by subsidiary 14 Withholding tax on remitted funds 15 A$ remitted after withholding taxes 16 Salvage value 17 Exchange rate of AS 18 Cash flows to parent 19 PV of parent cash flows 20 Initial investment by parent (USS) 21 Cumulative NPV (USS) Weak SAU scenario 12 Net cash flow to subsidiary 13 As remitted by subsidiary 14 Withholding tax on remitted funds 15 A$ remitted after withholding taxes 16 Salvage value 17 Exchange rate of AS 18 Cash flows to parent 19 PV of parent cash flows 20 Initial investment by parent (US$) 21 Cumulative NPV (USS)