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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 US company with a subsidiary in Germany. its net cash flows into operations and remits the remaining to the parent. Leland Corp. has expected cash flows of $ million from domestic business. The German subsidiary is expected to generate billion euros at the end of the year. The expected value of the euro at the end of the year is $ Additionally, Leland Corp. faces a 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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