A project in Sweden requires an initial investment of 2 billion Swedish Krona. The project is expected to generate net cash flows to the subsidiary of 3 billion and 5 billion Krona in the two years of operation, respectively. The project has no salvage value. The current value of the Krona is 16 Krona per U.S. dollar, and the value is expected to remain constant over the next two years. What is the NPV of this project if the required rate of return is 13 percent?