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3. (10\%) You have an investment opportunity in the US that requires an investment of 200,000,000 Won (Korean Won) today and will produce a cash flow of $200,000 in one year with no risk. Suppose the risk-free rate of interest in US is 4% and the current competitive exchange rate is $0.0006 to 1 Korean Won. What is the NPV of this project? Would you take the project? 4. ( 10%) Your cost of capital is 0.80% per month. If a car dealer offers you either a 5-year car lease with payments of $500 /month (60 payments in total at the end of each month) or a 4-year car lease with an upfront payment of \$2000 and subsequent payment of 1 $400/ month (48 payments at the end of each month), and if you do consider a 4-year car to be the same as a 5-year old car, then which one should you take? (Assume that your need for a car continues after the expiry of each contract. Thus, you will consider again to choose between two options) Hint) Simple NPV calculation does not work here since you are comparing an apple with an orange. Comparison of the 'effective' monthly payment of the two. The first one has a monthly payment of 500 . What is the effective monthly payment of the second