North is a US company based in Denver, with subsidiaries in Turkey and India. North...
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Finance
North is a US company based in Denver, with subsidiaries in Turkey and India. North is expected to generate US$5 mn from its US operations each year in the next 5 years, TL5 mn from its Turkey operations each year in the next 5 years and TL INR10 mn from India operations in the next 5 years.
Calculate the cashflow of North in the next 5 years.
Note that USDTL is TL7 in the first year and TL is expected to depreciate by 10% each year in the next 5 years.
Meanwhile INRUSD is expected stay flat at 0.014 for the next 5 years.
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