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You want to invest in a riskless project in Sweden. The project has an initial cost of SKr3.86 million and is expected to produce cash

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You want to invest in a riskless project in Sweden. The project has an initial cost of SKr3.86 million and is expected to produce cash inflows of SKr1.76 million a year for three years. The project will be worthless after three years. The expected inflation rate in Sweden is 3.2 percent while it is 2.8 percent in the U.S. A risk-free security is paying 4.1 percent in the U.S. The current spot rate is $1 = SK77274, what is the net present value of this project in Swedish krona if the international Fisher effect applies? points Multiple Choice SKr1,087,561 SKr823,333 SKr701,458 SKr958,029 SKr978,177

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