What's the Project's NPV

(Related to Checkpoint 19.3) (International capital budgeting} An American firm is considering a new project in the country of Geeblaistan. This new project will produce the following cash ows, g , measured in BLAs, the currency of Geeblaistan, which are expected to be repatriated to the parent company in the United States. In addition, assume the risk-free rate in the United States is 6 percent, and that this project is riskier than most and, as such, the rm has determined that it should require a premium of 9 percent over the risk-free rate. Thus, the appropriate discount rate for this project is 15 percent. In addition, the current spot exchange rate is 0.871QBLAI$, and the 1-year fonNard exchange rate is 0.96353LAI$. What is the project's NPV? The project's NPV is $|:| million. (Round to two decimals places.)