Valley Co. from the U.S. is evaluating a proposal to build a new plant in the U.K. The expected cash flows in pounds are as follows: Year 0, -60 million GBP (British Pond); Year 1, 30 million GBP; Year 2, 40 million GBP; Year 3, 50 million GBP. The discount rate in BP is 12% and the discount rate in the US$ is 10%. The spot rate is 0.7814 GBP/US$. Calculate the NPV of the project in USD.