Questions 1 - 6 are based on the following information: B A US multinational corporation has operations in Bolivia through which it plans to sell a new product of 500,000 cans of beans per year for the next 3 years, at a price of BOB 4 per can after incurring a variable cost of BOB 2.50 per can. The company will also incur a fixed cost of $120,000 per year. The company has invested $900,000 today in manufacturing equipment for its Bolivian operations, which will be depreciated to $0 at the end of its 3-year life. The corporation's required rate of return is 20 % and has a tax rate of 25 %. The spot rate was BOB 6.91/$ before it unexpectedly changed to BOB 7.25/$. 1. What is the value of the Bolivian operations prior to the unexpected change in the spot rate assuming the operations have a 3-year life only? (round to the nearest dollar) A). US$237,699 B). US$166,903 C). US$107,453 D). US$159,076 E). None of the above