Telstra, an Australian telecommunications company, is considering setting up a telecommunication station in the U.K. for three years. The station would cost GBP 50 million to build. Telstra expects to receive GBP 15 million, 35 million, 25 million from year 1 to year 3, respectively. The discount rate is 5% p.a. in the U.K. and 4% p.a. in Australia. The current spot exchange rate is GBP0.50/AUD. (1) Calculate forward exchange rate from year 1 to year 3. (Please keep four decimal places. For example, please type in 9.3456 in the box if your answer is 9.3456) Year 1: Year 2: Year 3: (6 marks) (2) Calculate cash flow in million AUD from year 1 to year 3. (Please keep two decimal places. For example, please type in 9.35 in the box if your answer is 9.3456) Year 1: AUD million Year 2: AUD million Year 3: AUD million (6 marks) (3) Calculate NPV in million AUD. (Please keep two decimal places. For example, please type in 9.35 in the box if your answer is 9.3456) NPV: AUD million