Calculate the estimated price and demand schedules

Reference no: EM132702441

Question - Belle inc. is considering the development of a subsidiary in Singapore that could manufacture and sell Cricket Bat locally. An estimated 25 million Singapore dollars (S$), which includes funds to support working capital, would be needed for tile project. Given, the existing spot rate of $.55 per Singapore dollar, the U.S.-dollar amount of the parent's initial investment is $13.75 million. The project is expected to end in five years. Calculate the estimated price, demand schedules and other information during each of the next five years?

Reference no: EM132702441

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