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You are a financial analyst for a large multinational corporation that is considering a new project in a foreign country. The project requires an investment

You are a financial analyst for a large multinational corporation that is considering a new project in a foreign country. The project requires an investment of $10 million and is expected to generate annual cash flows of $3 million for the next ten years. The required rate of return for the project is 15%, and the exchange rate is currently 1 USD =100 foreign currency units (FCUs). What is the nearest net present value (NPV) of this project in USD? Should the company invest in the project?
a. $5,100,000; Yes
b. $3,300,000; Yes
c. $4,700,000; Yes
d.-$3,300,000; No
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