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LeBron Development Inc. is a US based firm evaluating a project in Mexico. You have the following information about the project: -The project requires a
LeBron Development Inc. is a US based firm evaluating a project in Mexico. You have the following information about the project: -The project requires a 150,000 peso investment today and is expected to generate cash flows of 61,500 -The current US exchange rate with the Mexican peso is 11.113 pesos per US dollare, and the exchange rate is expected to remain constant The firm's WAC is 8.5% and the project is of average risk. What is the dollar demoninated net present value (NPV) of this project?
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