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,' | USD = 12103, Candian dollars 1. b3 loss 2. You are considering a project in Po ieh has an initial cost of 275,000PLN.

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,' | USD = 12103, Candian dollars 1. b3 loss 2. You are considering a project in Po ieh has an initial cost of 275,000PLN. eturn a ne-time payment of 390,000PLN four years e from now. The fisk-free rate of retur percentniheLLS, and 3 percent i Poland. The inflation rate is 4 percent in the U.S. and 2 percent in Poland. Currently you can buy 277PLN for 100USD. How much will the payment of 390,000PLN be worth in U.S. dollars four years from now? (30 marks)

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