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(Related to Checkpoint 19.3) (International capital budgeting) An American firm is considering a new project in the country of Geeblaistan. This new project will produce

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(Related to Checkpoint 19.3) (International capital budgeting) An American firm is considering a new project in the country of Geeblaistan. This new project will produce the following cash flows, 3. measured in BLAs, the currency of Geeblaistan, which are expected to be repatriated to the parent company in the United States. In addition, assume the risk-free rate in the United States is 2 percent, and that this project is riskier than most and, as such, the firm has determined that it should require a premium of 10 percent over the risk-free rate. Thus, the appropriate discount rate for this project is 12 percent. In addition, the current spot exchange rate is 0.8464BLA/S, and the 1-year forward exchange rate is 0.8808BLA/$. What is the project's NPV? The project's NPV is $ million. (Round to two decimals places.) i Data Table Year Cash Flow (in millions of BLAs) NA Print Done

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