2. Assume that Baps Corporation is considering the establishment of a subsidiary in Norway. The initial investmaent required by the parent is $s0 thproject is undertaken. Baps would terminate the proj is of the same risk as Baps existing projects. All cash flows generated from the Baps would terminate the proj project will be remitted to the parent at the end of each year. Listed below are the estimated Norwegian subsidiary will generate over the project's lifetime in Norwegian kroner (NOK) Year 2 Year 4 Year 1 NOK10,000,000 NOK15,000.000 NOK17,000,000 NOK20,000,000 he current exchange rate of the Norwegian kroner is $135. Baps' exchange rate forecast for the Norwegian oner over the project's lifetime is listed below: the Norwegian Year 1 S.13 Year S.14 Year 3 S.12 Year 4 S.15 It is the net present value (NPV) of this project if a 16% cost of capital is used? $17,602.62. ,000,000 048,829 5,147