RT, an Indian- based pharmaceutical firm, is considering a project in Canada. The following table lists foreign currency (CAD) cash flows. The CAD is currently trading at CADINR equals 50. Assume that future spot rates are equal to the current spot rate. The WACC of the firm is 11 percent.

Year Cash Flows (CAD)

0 -200,000

1 4 50,000

5 100,000

If the year 5 cash flows contain a terminal/ salvage value of assets of CAD 75,000 and if there is a 20 percent probability of expropriation, calculate the project NPV in INR.