Problem: Suncour, a Canadian company, has a subsidiary in Brazil. The subsidiary reinvests half of its net cash flows into Brazil operations and remits the remaining half to Suncour. Suncour's expected cash flows from domestic business are $100 million and the Brazilian subsidiary is expected to generate 600 million Brazilian Reals (BRL) at the end of the year. The expected FX rate is BRL/CAD = 0.2673. What are the expected CAD cash flows of Suncour.? $480 million $400 million $260 million