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The spot exchange rate is 125=$1. The U.S. discount rate is 10%; inflation over the next three years is 3% per year in the U.S.

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The spot exchange rate is 125=$1. The U.S. discount rate is 10%; inflation over the next three years is 3% per year in the U.S. and 2% per year in Japan. Calculate the dollar NPV of this project generating the following cash flows. Assume purchasing power parity relationship holds. (I did not round my intermediate steps, if you did, select the answer closest to yours. ) $267,181,87 $2,137.46 $2,536.59 $14,176.67

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