What is the NPV for the U.S. shareholders? Would they accept or reject this project?

= 1. (5 points) A U.S.-based MNC is considering a Japanese opportunity. The inflation rate in Japan is T = 4%, while the inflation rate in US is as = 2%. The discount rate K 10%. Spot rate (So) is $0.08=1.00. The size and timing of the after-tax cash flows are: Year 0 2 3 CF -10000 5000 4000 3000 What is the NPV for the U.S. shareholders? Would they accept or reject this project? 1