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Lightbulb Inc. is a New Mexico based producer of light bulbs. Lightbulb has a business value (enterprise value) of USD 150 million; an FX business

Lightbulb Inc. is a New Mexico based producer of light bulbs. Lightbulb has a business value (enterprise value) of USD 150 million; an FX business exposure of 1.95 relative to the AUD; total net debt of USD 40 million out of which USD 10 million is AUD-denominated. What is Lightbulbs FX equity exposure to the AUD?

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2.06

2.57

3.88

2.21

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