Thundercorp is a UK manufacturer of batteries for electronic cars. It just sold 10,000 batteries to a U.S. firm. Thundercorp expects to have a cash inflow of $2 million in one year. The currency spot rate is $1.3478/. The risk-free interest rate on pounds is 4.6%, and the risk-free interest rate on U.S. dollars is 3.6%. Assume that capital markets are internationally integrated. Thundercorp's cash inflow in one year is closest to: O a. 2.6197 million O b. 2.7216 million O c. 1.4697 million O d. 1.4982 million Which of the following statements is FALSE? O if a firm already owns an asset it would prefer to lease, it can arrange a sale and leaseback transaction. In this type of lease, the lessee receives cash from the sale of the asset and then makes lease payments to retain the use of the asset. O Leasing allows the party best able to bear the risk to hold it. For example, small firms with a low tolerance for risk may prefer to lease rather than purchase assets. O In a perfect capital market, leases are positive-NPV financing activities. O In a true tax lease, the lessor receives the depreciation deductions associated with the ownership of the assets