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Perth International anticipates a 4 . 6 5 per cent increase in the year - one income of its subsidiaries in year - two. It

Perth International anticipates a 4.65 per cent increase in the year-one income of its subsidiaries in year-two. It
has information that the current 5.48 per cent, 8.67 per cent, 13.82 per cent and 10.24 per cent nominal interest
rate in Australia, China, India and Malaysia, respectively, will remain the same in the next three years. Due to
foreign currency higher nominal interest rate, subsidiaries will invest 24 per cent, 55 per cent and 39 per cent of
their year-two earnings in China, India and Malaysia, respectively, for next year. Subsidiaries will remit their
remaining incomes (i.e., after investment) to the Australian parent. Perth International believes in the Purchasing
Power Parity with considering a 2.44 per cent real interest in Australia, China, India and Malaysia to calculate the
expected foreign currency value against the Australian dollar for year-two based on the year-one exchange
rates A$CNY,A$INR, and A$MYR.
What is the total Australian dollar (A$) cash flow for year-two? (enter the whole number with no sign or symbol)
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