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You want to invest in a project in Wonderland. - The project has an initial cost of W715,000. - It is expected to produce cash
You want to invest in a project in Wonderland. - The project has an initial cost of W715,000. - It is expected to produce cash inflows of W335,000 a year for 4 years. - The project will be worthless after that. - The expected inflation rate in Wonderland is 2% while it is 4% in the U.S. - The applicable interest rate for a project like this in Wonderland is 14%. - The current spot exchange rate is W1.0000 =$5.4321. What is the Net Present Value of this project in Wonderland's currency (i.e., in "W')? Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher, and only round your final answer to TWO decimal places: for example, 10,000.23. Do NOT use "currency units" in your answer. HINT: You won't need to use all the numbers that are givent
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