A project has an initial cost of 80,000 and is expected to return 10,000 the first year, 40,000 the second year, and 50,000 the third and final year. Assume the current spot rate is 75. Also assume the nominal risk-free return is 3 percent in the UK and 5 percent in the US. The return relevant to the project is 78 percent in the UK and 8.1 percent in the U.S. Assume uncovered interest rate parity exists. What is the net present value of this project in US dollars using the home currency approach? Multiple Choice $9,787 O $11,002 O $10,312 $10,511 $9,514