A project in South Korea requires an initat investment of 3 billion South Korean won. The project is expected to generate net cash flows to the subsidiary of 5 billion and 7 billon won in the two years of operation, respectlvely. The profect has no salvage value. The current value of the won is 1,060 won ger U.S. dollar, and the value of the won is expected to remain constant over the next two years. 3. What is the Noy of this project if the roquirod rate of retum is 12 percent? Do not round intermediate calculations. Round your answer to the nearest dollar: 5 b. Repeat the question, except assume that the value of the won is axpected to be 1,160 won per U.S. dollar after two years. Further assume that the funds are Blocked and that the parent compapy wit only be able to remit them back to the Unlted states in two years. How does this atfect the NoV of the project? Do not round internediate calculations. Round your answers to the nearest dollar. Enter your answers as the positive numbers. New Npevi 5 A situation wbere the funds are blocked and the won is expected to depreciate the NPV by 3