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Problem 5 Intro Netflix sells its streaming service in many countries, including in Europe. The company is projecting the following cash flows and exchange rates

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Problem 5 Intro Netflix sells its streaming service in many countries, including in Europe. The company is projecting the following cash flows and exchange rates for a project in Europe: 0 1 2 3 Year Cash flow ( million) Exchange rate ($/) 18 18 22.5 -45 1.19 1.19 1.19 1.19 The appropriate dollar cost of capital is 10%. Part 1 - Attempt 1/3 for 10 pts. What is the dollar NPV of the project if the exchange rate is expected to be a constant $1.19 per euro (in $ million)? 2+ decimals Submit Part 2 Attempt 1/3 for 10 pts. What is the dollar NPV of the project if the euro is expected to appreciate according to the following schedule (in $ million)? 0 1 2 Year 3 1.19 1.25 1.35 Exchange rate ($/) 1.49 1+ decimals Submit Part 3 Attempt 1/3 for 10 pts. What is the dollar NPV of the project if the euro is expected to depreciate according to the following schedule (in $ million)? 0 1 2 3 Year Exchange rate ($/) 1.19 1.11 1.05 1 2+ dechnals Submit

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