Year 0: initial investment costs of 85,000,000 won per coffee shop Year 1 cash flow: 20,000,000 won Year 2 cash flow: 40,000,000 won Year 3 cash flow: 70,000,000 won Year 4 cash flow: 80,000,000 won Year 5 cash flow: 40,000,000 won Domestic currency approach in multinational capital budgeting consists of the following steps: Step 1: Calculate the forward exchange rates. Step 2: Convert all cash flows in foreign currency into dollars using current and forward exchange rates. Step 3: Convert all future dollars into present value with the domestic discount rate. Step 4: Add the net present value of the outflow and inflow. Step 5: Accept the project if its net present value (NPV) is positive and reject if negative