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Calculate the total australian dollar cash flow

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Problem 1: Sola company, forecasts 66 million Australian dollars (A$) earnings next year (i.e., year-one). It expects 55 million Chinese yuan (CNY), 46 million Indian rupees (INR) and 32 million Malaysian ringgit (MYR) proceeds of its three subsidiaries in year-one. It also forecasts the year-one exchange rates A$0.2202/CNY, A$0.0456/INR and A$0.5147/MYR. Calculate the total Australian dollar (A$) cash flow for year-one.

Reference no: EM132688662

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