Suppose an Australian MNC is considering investing in a foreign project in China that generates sales in CNY$.$ The estimated NPV of the project from the project perspective is CNY $50$ million, and the estimated NPV of the project from the parent perspective is AUD $-15$ million. Which of the following statements is TRUE about the decision of this Australian MNC$?$

O a$.$ The MNC should reject the project regardless of the cost from financial tools $$forward$,$ future, option, money market transactions, etc$.$

O b$.$ The NPV difference implies that the value of CNY wil increase against AUD.

$$ c$.$ Ifthe MNC can hedge the expected foreign exchange rate risk with a cost equivalent to CNY $5$ million, then it should accept the project.

O d$.$ The loss from the expected currency risk is CNY $65$ million.

O e$.$ The MNC should accept the project but should never further utilize the tools in the financial market $$hedge the exchange rate, money market transaction,etc$.$