Mini Assignment (45 marks): Assuming today was 1st October 2019 and you were the chief financial officer of a US-based company involving in a logistics Industry. To date the company has only one subsidiary in China. As the competition in local market was getting stiffer despite the company's strong customer base, the Board of Director (the Board) is considering expanding the business India. Following the Board's direction, the CEO informed that you have been assigned to give recommendation whether to invest in the country India. a) Analyse how the exchange rate risk may affect your decision to invest in india (i.e., calculate standard deviation based on the recent movement of exchange rate, clarify the data that you used (daily, monthly or quarterly)