Your company is looking at a new project in Thailand. The project will cost 50,000,000 THB (Thai Bhat) and generate annual, after-tax cash inflows of THB 16.000.000 per year for five years. Canadian interest rates are 4% and Thai interest rates are 6%. The current exchange rate for CAD/THB = 25.8877. The company wants a 12% rate of return. The following table is constructed to help you generate the cash flows required to compute the project NPV using the Home Currency approach Year Cash Flows in THB Exchange Rate Cash Flows in CAD 0 -50,000,000 25.8877 1 +16,000,000 2 +16,000,000 +16,000,000 3 4 5 + 16,000,000 +16,000,000 What is value of the initial investment, measured in Canadian dollars, using the exchange rate shown in the table above? OCAD 1,931,419 OCAD 605,934 OCAD 50,000,000 OCAD 258.877 ONone of the above are true What is value of the initial investment, measured in Canadian dollars, using the exchange rate shown in the table above? OCAD 1.931.419 OCAD 605,934 OCAD 50,000,000 OCAD 258,877 ONone of the above are true Using the Uncovered Interest Rate Parity condition ( E(Sp) = 5[1 + (RQuote - RBase)]'), what is the expected spot exchange rate at the end of year 3 of the project? O27.4722 028.5478 26.8462 028.8864 What is the NPV of the project, using the Home Currency approach? O$266,855 O$196,536 OSO O$ 178,228 0596,544