4. Foreign project valuation Dr. Catherine Man, chief economist at Citibank has forecast that the Yuan will rise to 6.8 Yuan/S by the end of 2017 and to 6.6 Yuan/$ by the end of 2018. If the after-tax cashflows generated by the two-year, US based project are $10 billion at the end of 2017 and $15 billion at the end of 2018, and the Chinese cost of capital is 10%, what is the NPV of this project in Yuan? (9 points)