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You have an investment opportunity in Japan. It requires an investment of $0.99 million today and will produce a cash flow of million in one

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You have an investment opportunity in Japan. It requires an investment of $0.99 million today and will produce a cash flow of million in one year with no risk. Suppose the risk-free interest rate in the United states is 3.8%, the risk-free interest rate in Japan is 2.3%, and the current competitive exchange rate is per dollar. What is the NPV of this investment? Is it good opportunity

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