The Perth International Co. anticipates 46 million Australian dollars (A$) earnings in Australia next year (i.e., year-one). It also expects 52 million Hong Kong dollar (H$), 62 million Singapore dollar (S$) and 76 million New Zealand dollar (N$) incomes of its subsidiaries in Hong Kong, Singapore and New Zealand, respectively, in year-one. Perth International forecasts a 10.99 per cent, 12.57 per cent and 22.20 per cent increase in the year-one incomes of its subsidiaries in Hong Kong, Singapore and New Zealand, respectively, in year-two.It also expects that the current exchange rates A$0.2508/H$, A$0.9258/S$ and A$0.7225/N$ will be remaining the same in the next two years. If the subsidiaries remit their revenues to the Australian parent at the end of each year, estimate the value of Perth international based on its 7.32 per cent weighted average cost of capital or required rate of return.