Check You are evaluating a proposed expansion of an existing subsidiary located in Switzerland. The cost of the expansion would be CHF 16.7 million. The cash flows from the project would be CHF 47 million per year for the next five years. The dollar required return is 12% per year, and the current exchange rate is CHF 109. The going rate on Eurodollars is 5% per year. It is 4% per year on Euroswiss. a. Not available in Connect. b. Convert the projected franc flows into dollar flows and calculate the NPV. (Enter the answer in dollars, not in millions of dollars. Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) NPV 1. What is the required return on franc flows? (Do not round intermediate calculationg. Round the final anawer to 2 decimal places.) Return on franc fiows 11% c-2. What is the NPV of the project in Swiss francs? (Enter the answer in francs, not in millions of francs. Round the final answer to 2 decimal places. Do not round intermediate calculations. Omit CHF sign in your response.) NPV CHF 370715. c-3. What is the NPV in dollars if you convert the franc NPV to dollars? (Enter the answer in dollars, not in millions of dollars. Round the final answer to 2 decimal places. Do not round intermediate calculations. Omit $ sign in your response.) NPV