Lammer Plc june 2006 kaplan kit

In a typical financial year Lammer plc has net dollar imports of $4.2 million. This is
expected to continue for five years.
The company’s cost of capital is estimated to be 11% per year. Taxation may be
ignored, and cash flows may be assumed to occur at the year end.
Required:
Assuming that there is no change in the physical volume or dollar price of imports,
estimate the impact on the expected market value of Lammer plc if the market
expects the dollar to strengthen by 3% per year against the pound.

I don’t understand what the question exactly wants Sir, I do get the calculation but I don’t understand how does it give us the impact on market value, why did we take the difference from spot in the answer? why not the total import value?

Estimated effect on value:

Spot…….. 1.9156…….. 2,192,525
1 year…… 1.8581……… 2,260,374 …….67,849 ……0.901……. 61,132
2 years…. 1.8024 ……….2,330,226 …….137,701….. 0.812……. 111,813
3 years….. 1.7483………. 2,402,334……. 209,809….. 0.731……. 153,370
4 years………1.6959……. 2,476,561 …….284,036 …..0.659…….. 187,180
5 years……. 1.6450………. 2,553,191…… 360,666…… 0.593 …….213,875
…………………………………………………………………………………………… –––––––
…………………………………………………………………………………………..727,370