port Cruises is looking at a new project in Peru. The project will cost 10 million sols. The cash flows are expected to be 3.00 million sols per year for 6 years. The current spot exchange rate is 3.5 sols per dollar. The risk-free rate in the US is 3.0%, and the risk-free rate in Peru 5.0%. The dollar required return on the project is 11%. Based on the NPV of the project, should Newport Cruises accept the project? Calculate the NPV in US dollars.