A project in South Korea requires an initial investment of 2 billion South Korean Won. The Project is expected to generate net cash flows to the subsidiary of 3 billion and 4 billion won in the two years of operation, respectively. The project has no salvage value. The current value of the won is 1100won per US dollar and the value of the won is expected to remain constant over the next two years. A) What is the NPV of this project if the required rate of return is 13 percent? B) Repeat the question, except assume that the value of the won is expected to be 1200 won per US dollar after two yeas. Further assume that the funds are blocked and the parent company will only be able to remit them back to the united states in two years. The fund in two years would be reinvested at 10%. How does this affect the NPV of the project.