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Tedcorp is a UK manufacturer of cell phones. It just sold 15,000 cell phones to a U.S. firm. Tedcorp expects to have a cash inflow

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Tedcorp is a UK manufacturer of cell phones. It just sold 15,000 cell phones to a U.S. firm. Tedcorp expects to have a cash inflow of $4 million in one year. The currency spot rate is $1.2807/f. The risk-free interest rate on pounds is 4.4%, and the risk-free interest rate on U.S. dollars is 3.2%. Assume that capital markets are internationally integrated. Tedcorp's cash inflow in one year is closest to: Select one: a. 3.16 million b. 5.00 million c. 3.09 million d. 5.18 million

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