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 160,000 peso investment today and 15 expected to generate cash flows of 60,000 pesos at the end of the next three years. The current U.S. exchange rate with the Mexican peso is 11.113 pesos per U.S. dollar, and the exchange rate is expected to remain constant. The firm's cost of capital 9.5%, and the project is of average risk. What is the dollar denominated net present value (NPV) of this project? -$851.76 -$809.17 -$724.00 -$681.41