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An Italian firm is considering investing its line of coin operated cappuccino machines in the UK. This project requires an initial investment of 100,000, and

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An Italian firm is considering investing its line of coin operated cappuccino machines in the UK. This project requires an initial investment of 100,000, and generates 625,000 and 100,000 in the following 2 years, respectively. The cost of capital in the euro zone is 10%. The expected inflation rate over the next two years in the UK, I3 per year and 2% per year in the euro zone. The spot exchange rate is 1.5652 -21.00. What is the denominated NPV of this project? (I did not round my intermediate steps, if you did, select the answer closest to yours.) CA 6,270,70 67.223.14 A ca.5529 be

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