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A project in South Korea requires an intial invegment of 4 bilion. South Korean woo. The projoct is expected to generate net earh flows to

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A project in South Korea requires an intial invegment of 4 bilion. South Korean woo. The projoct is expected to generate net earh flows to the subsidiary of 6 biflion and 6 billen won in the two years of operation, respectively, The project hos no salvage value. The cuirent value of the wor is 1,100 won per U.5. Jollag, and the value of the woe is expected to retrait constant over the next fwo years. a. What is the fov of thin project if the fequired rate of tetuin is 11 percent? Do not round intermediate cakculations. Round your answer to the nearest dolar: 5 b. Aloeat the cuestion, excopt assume that the value of the woe is expected to be 1,160 won per U5, bollar after two years: Further assume that the funds are blocked and that the parent company ail anly be atle to remit them bock to the United States in two year. How does thus alfect the MpV of the propect? Do not round interinethate calculabons. Alound your answers to the cearest daltar Enter your atwwers as the povitwe numbex. New NPV: 5 A sumabon where the fuods are blocked and the won we expected to degrecote the NPV by 5

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