A Company from the United States is evaluating a proposal to build a new plant in the United Kingdom. The expected cash flows in pounds are as follows: Year 0, 100; Year 1, 35; Year 2, 45; Year 3, 55. The discount rate in BP is 13 percent and the discount rate in $US is 11 percent. The spot rate is $US1.39/BP. Calculate the NPV of the project in BP.

• +5.95

• +4.33

• +6.02

• +8.27