A chinese firm is considering a three year investment project in the united states. There are no expected remittance taxes and the cash flows given are all after corporate taxes. The appropriate cost of capital is 15%. The expected after taxed cash flows in Million of USD and the forcasted exchange rates are as follows:

what are NVP and IRR in CNY

Question 1 (5 points) A Chinese firm is considering a three year investment project in the United States. There are no expected remittance taxes and the cash flows given are all after corporate taxes. The appropriate cost of capital is 15%. The expected after tax cash flows in Millions of USD and the forecasted exchange rates are as follows: what are the NPV and IRR in CNY? 2019 2020 2021 USD CF in millions -100 75 85 CNY/USD forecast 6.37 6.30 6.15 115.26; 23.87% 98.74; 18.74% 115.36; 48.95% -23.59: -4.56% 115.36; 48.95%