You have an investment opportunity in Japan. It requires an investment of $0.93 million today and will produce a cash flow of yen 97 million in one year with no risk. Suppose the risk-free interest rate in the United States is 4.1%, the risk-free interest rate in Japan is 2.9%, and the current competitive exchange rate is yen 110 per dollar. What is the NPV of this investment? Is it a good opportunity?

What is the NPV of this investment?

please provide explanation with calculations so i know where the numbers came from