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QUESTION 10 PPQ, which is an American company, is considering a project with cash flows denominated in Australian dollars (AS). The following table shows estimated
QUESTION 10 PPQ, which is an American company, is considering a project with cash flows denominated in Australian dollars (AS). The following table shows estimated cash flows and exchange rates over the next two years. Year Cash flow (Australian Dollars) Exchange Rate 0 - 100,000 $1.2/AS 1 70,000 $1.1/AS 2 50,000 $.9/AS Find the NPV of the project in terms of US dollars. Assume the discount rate is 10% each year. Do not use the dollar sign when entering your response. Round intermediate steps to four decimals and your final answer to the nearest dollar
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