Tass Co., Ltd, a Japanese electrical parts producer, is considering building a plant in the U.S. The cost of this plant will be $20 million and the current spot exchange rate between the yen and the U.S. dollar is 101.8/$. Tass management expects to use this plant for the next five years and expects it to generate the following cash flows during this period.
											Year
			1	2	3	4	5
	Cash flows ($ millions)		$2.0	$3.6	$5.0	$6.8	$8.0
	Expected exchange rate (/$)		101.5/$	100.4/$	98.6/$	95.9/$	92.5/$
If Tass uses a discount rate of 8 percent for projects in the United States, what is the NPV of this project? Should Tass Company take on this project?