to grow at a constant rate of $6\mathrm{.}5\%$ per annum indefinitely.

high rate of $16\mathrm{.}5\%$ per annum compared to the U$.$S$.$ dollar inflation rate of only $5\mathrm{.}0\%$ per annum. Slinger Wayne expects to earn at least a $21\mathrm{.}5\%$ annual rate of return on international investments like Carambola.

a$.$ What is Carambola worth if the Honduran lempira were to remain fixed over the three$-$year investment period?

b$.$ What is Carambola worth if the Honduran lempira were to change in value over time according to purchasing power parity?

a$.$ Calculate the free cash flows in Honduran lempiras $(Lp)$ below: $($Round to the nearest whole number.$)$

Expected exchange rate

Carambola's expected cash flow in US$

Assume that the Honduran lempira were to remain fixed over the three$-$year investment period. Calculate the free cash flows in U$.$S$.$ dollars below: $($Round to the nearest dollar.$)$

If Slinger Wayne expects to earn at least a $21\mathrm{.}5\%$ annual rate of return on international investments, the value of Carambola today is $$.($Round to the nearest dollar.$)$