Question $6$

$7\mathrm{.}5$ pts

Assume it is September $2020.$ The following table provides a forecast of ITC's $($a US company$)$ cash receipt in US dollars, Euros and Pesos for September $2021$ and September $2022.$ Also provided are the exchange rate forecasts for Euros and Pesos during the same time periods. Suppose you are interested in buying ITC, and your required rate of return on investments is $10\%.$

$\backslash$table$[[,$September $2011,$September $2012],[,$Receipt,$\backslash$table$[[$Exchange$],[$Rate$]],$Receipt,Exchange Rate,$],[$US Dollars,$2,000,000,$NA$,5,000,000,$NA$,],[$Euros$,2,000,000,\backslash$table$[[1$ Euro$],[$$$1\mathrm{.}50$