Valuations? 5 b. Apollo Medical Service is considering building a hospital in Saudi Arabia. The hospital is expected to generate the Saudi Riyal (SRs) cash flows of -SR350,000, SR100,000, SR250,000 and SR400,000 respectively in year 0, 1, 2, 3. Inflation is expected to be 6% in Saudi Arabia for the next three years In Bangladesh, Inflation is expected to be 8%. The appropriate discount rate for projects of similar risk in Bangladesh is 12.20% and the appropriate discount rate for projects of similar risk in Saudi Arabia is 10.12%. The current spot rate is 0.04545 riyal per taka. The parity conditions hold. Should Apollo Medical Service expand its business in Saudi Arabia? Why or why not? Prigent