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Remaining Time: 1 hour, 38 minutes, 22 seconds. Question Completion Status: QUESTION 15 Australian Automotive Group, an Australian company is considering building a manufacturing plant

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Remaining Time: 1 hour, 38 minutes, 22 seconds. Question Completion Status: QUESTION 15 Australian Automotive Group, an Australian company is considering building a manufacturing plant in UK to expand its export market. The plant cost E140 million to build and will produce cash flows of 30 million, 35 million, E40 million, 545 millions in years 1. 2. 3 and 4, respectively. Other information is: Australian interest rate: 1.4% UK interest rate: 1.6% Spot rate 0.58/$ What is the NPV for the project denominated in AUD using the local currency approach? Please select the most suitable answer . a. $ 6,688,950 Ob.$ 6,560,916 O $6,489,850 Od. $ 6,335,689 QUESTION 16 Save All Arsen Close Wir Click Save and Submit to save and submit. Click Save All Anders for all answers

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