NAME 2. Titan Corp. has investments in Taiwan and Singapore. The expected cash flows for years 1, 2 and 3 are given below, as well as the expected exchange rates. Titan's rate of return is 8% a. Calculate the current value of the cash flows for 1. Year 1, 2. Year 2, and 3. Year 3. b. Calculate the current value of the cash flows from 1. Taiwan, and 2. Singapore. Taiwan Cash Flow in Exchange Rate Taiwan New Dollars (TWD) 333,000,000 $0.033/TWD 344,000,000 $0.034/TWD 411,000,000 $0.036/TWD Singapore Cash Flow in Exchange Rate Singapore Dollars (SGD) 5 6,000,000 $0.730/SGD 6 7,000,000 S0.732/SGD 78,000,000 $0.734/SGD Year 1 Year 2 Year 3 Current value of cash flows Taiwan Singapore a. Total: Years 1-3 Year 1 Year 3 b. Total: Each country