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Leland Corp. is a U . S . company with a subsidiary in Germany. its net cash flows into operations and remits the remaining 6

Leland Corp. is a U.S. company with a subsidiary in Germany. its net cash flows into operations and remits the remaining 60% to the parent. Leland Corp. has expected cash flows of $25 million from domestic business. The German subsidiary is expected to generate 3 billion euros at the end of the year. The expected value of the euro at the end of the year is $1.10. Additionally, Leland Corp. faces a 15% tax on the remitted funds from Germany. What are the expected dollar cash flows of the parent, Leland Corp., at the end of the year?
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