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There is a project in SleepLand that an American-based company would like to invest in. The project would require SSS718,000 as initial investment. It is

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There is a project in SleepLand that an American-based company would like to invest in. The project would require SSS718,000 as initial investment. It is also estimated to generate cash inflows equal to SSS302,000 a year for the next 4 years. After that, the project will be worthless. The current spot exchange rate equals SS51.000 = $3.881. The risk-free rate in SleepLand is 2.5%, and it is 5.5% in the U.S.A. The applicable rate of return for projects in SleepLand similar to this one is 11%. Calculate the Net Present Value of this project in dollars

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