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help!!& i will rate!! CIRPILI 21 You want to invest in a project in Lalaland. The project has an initial cost or LLL749,000 and is
help!!& i will rate!!
CIRPILI 21 You want to invest in a project in Lalaland. The project has an initial cost or LLL749,000 and is expected to produce cash inflows of LLL397,000 a year for 4 years. The project will be worthless after that. The expected inflation rate in Lalaland is 4% while it is only 3% in the U.S. The applicable interest rate for a project like this in Lalaland is 11%. The current spot exchange rate is LLL1 = $2.3456. What is the Net Present Value of this project in Lalaland's currency (i.e., in "LLL")? (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10,000.23. Do NOT use "currency units" in your answer.) Step by Step Solution
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