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Delta Auto Parts is a U.S. company with a subsidiary in Mexico. The company expects cash inflows of $240 million and cash outflows of $330
Delta Auto Parts is a U.S. company with a subsidiary in Mexico. The company expects cash inflows of $240 million and cash outflows of $330 from its U.S. business in one year, and cash inflows of 340 million peso and cash outflows of 400 million peso from its Mexican business in one year. The expechted exchange rate between the U.S. dollar and the Mexican peso in one year is $0.052 per peso
What is the expected dollar cash flow of the parent company in one year (in $ million)?
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