You are analyzing a project in Brazil. The project is expected to cost BRL 5,000,000 (Five Million Brazilian Reals) and generate annual after-tax cash inflows of BRL 1,300,000 for five years, at which time it will be abandoned with zero value. Interest rates in Canada are 2% and in Brazil they are 4%. You want to earn a 10% return in Canadian dollars. The current spot exchange rate is CAD/BRL = 4.3075. Using the Home Currency Approach, what is your NPV?