Higeen recently decided to invest more than JD300 million for expansion in Indonesia. Indonesia offers considerable potential because it has 200 million people and their demand for Higeen is increasing. However, Higeen's initial outlay was used to purchase three production plants and a distribution network of almost 1,000 trucks to distribute its products to retail stores in Indonesia. The expansion in Indonesia was expected to make Higeen's products more accessible to Indonesian consumers. a. Given that Higeen's investment in Indonesia was entirely in dollars, describe its exposure to exchange rate risk resulting from the project. Explain how the size of the parents initial investment and the exchange rate risk would have been affected if Higeen had financed much of the investment with loans from banks in Indonesia. b. Describe the factors that Higeen likely considered when estimating the future cash flows of the project in Indonesia. c. What factors did Higeen likely consider in deriving its required rate of return on the project in Indonesia? d. Describe the uncertainty that surrounds the estimate of future cash flows from the perspective of the Jordaian parent. e. Higeens parent was responsible for assessing the expansion in Indonesia. Yet, Higeen already had some existing operations in Indonesia. When capital budgeting analysis was used to determine the feasibility of this project, should the project have been assessed from a Indonesia perspective or Jordanian perspective? Explain.