Lakonisho Equipment has an investment opportunity in Europe. The project costs 10.5 million and it is expected to produce cash flows of 1.7 million, 2.4 million, and 3.3 million, for years 1, 2 and 3 respectively. The current spot exchange rate is $1.36/; the current risk-free rate in the United States is 2.3%, compared to that in Europe of 1.8%. The appropriate discount rate for the project is estimated to be 13%, the U.S. cost of capital for the company. In addition, the subsidiary can be sold at the end of the 3 years for an estimated 7.5 million. What is the NPV of the project? What is the IRR of the project? Should Lakonisho Invest in this project?