The US based company is investing in a 2-year project in Europe. The initial investment is 10,000. The expected cash inflow in the year one is 6,000 and in the year two is 8,000. The risk-free rate in US is 3% and Europe 2%. If the spot rate is $1.25/ and the required rate of return of the project is 14%, calculate the NPV of the project in dollars. (A) The NPV of the project in dollars is $1,773.62. (B) The NPV of the project in dollars is $1,704.32. (C) The NPV of the project in dollars is $1,418.90. (D) The NPV of the project in dollars is $1,989.74