Foreign governments often have restrictions on the amount of cash flows that the subsidiary company can repatriate to the parent company. Such restrictions are normally intended to: Force mu national firms to reinvest earnings in the foreign country Encourage large foreign denomination currency outflows Expropriate the earnings that mu national firms generate in the foreign country Consider this case: Pellegrini Southern Inc. is a U.S.-based firm evaluating a project in Mexico. You have the following information about the project: The project requires a 170,000 peso investment today and is expected to generate cash flows of 62, 250 pesos at the end of the next three years. The current U.S. exchange rate with the Mexican peso is 12.012 pesos per U.S. dollar, and the exchange rate is expected to remain constant. The firm's WACC is 8%, and the project is of average risk. What is the dollar-denominated net present value (NPV) of this project? -$797.17 -$916.75 -$757.31 -$837.03