MNC Cash flow that uses Two Currencies and Multiple Periods

Frank's Co. is a U.S.-based MNC that sells shoes to U.S consumers. It also has Mexican subsidiaries that produce and sell the shoes in Mexico. The firm's Mexican earnings are dominated in pesos, and these earnings are typically sent to the U.S. parent. Last year, Frank received $20 million in cash flows from U.S. operations and 40 million pesos from Mexican operations. The pesos were valued at $0.69 when sent to the U.S. parent.

(a) What is Frank's cash flow last year?

b) Assume that Frank Co. plans to continue its business in the US and Mexico for the next 4 years.

What is its expected cash flows?