You are analyzing a potential 3-year investment in Switzerland. It will require an initial investment of SFr 540,000.00 and is forecasted to yield cashflows of SFr 540,000.00 for the next 3 years. As of today, the spot exchange rate is $0.6667 / SFr and the rates of inflation expected to prevail for the next year in the US is 7 % and in 8 % in Switzerland. Your estimated cost of capital in dollars is 16.7%. What is the NPV in dollars?

(a) $425,391.63 (b) $245,409.63 (c) $638,055.54 (d) $548,449.87

The answer is (a) $425,391.63, need help with the math.