Thank you!

Average: /2 Attempts 7. International capital budgeting One of the important components of multinational capital budgeting is to analyze the cash flows generated from Aa Aa subsidiary companies Consider this case: Sebrele Enterprises Inc. is a U.S. firm evaluating a project in Australia. You have the following information about the project The project requires an investment of AU$987,000 today and is expected to generate cash flows of AU$850,000 at the end of each of the next two years. The current exchange rate of the U.S. dollar against the Australian dollar is $0.7877 per Australian dollar (AU$) The one-year forward exchange rate is $0.8109 / AUS, and the two-year forward exchange rate is $0.8455/ AU$ The firm's weighted average cost of capital (WACC) is 8%, and the project is of average risk. . What is the dollar-denominated net present value (NPV) of this project? $453,051 $572,275 $596,120 $476,896