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You have an investment opportunity in Japan. It requires an investment of $0.94 million today and will produce a cash flow of V94 million in

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You have an investment opportunity in Japan. It requires an investment of $0.94 million today and will produce a cash flow of V94 million in one year with no risk. Suppose the risk-free interest rate in the United State is 3.5%, the risk-free interest rate in Japan is 1.9%, and the current competitive exchange rate is V110 per dollar. What is the NPV of this investment? Is it a good opportunity? What is the NPV of this investment? The NPV of this investment is $ .(Round to the nearest dollar.)

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