Livingston Co. has a subsidiary in Korea. The subsidiary reinvests half of its net cash flows into operations and remits half to the parent. Livingston's expected cash flows from domestic business are $100,000 and the Korean subsidiary is expected to generate 100 million Korean won at the end of the year. The expected value of won is $.0012. What are the expected dollar cash flows of Livingston Co.? What is the present value of the firm if the firm is expected to generate the constant amount of expected dollar cash flows for 10 years? The firms beta is 1.5, the average market return for 10 years is 13%, and risk-free rate is 5%. Use the CAPM equation to get the discount rate.

*Looking for step by step solution (include formulas). That way I can learn how it was solved. Thank you!