Question 9 = The spot exchange rate is 125 = $1. The U.S. discount rate is 10%; inflation over the next three years is 3% per year in the U.S. and 2% per year in Japan. Calculate the dollar NPV of this project generating the following cash flows. . Assume purchasing power parity relationship holds. T=0 T=1 T=2 T=3 - 1,000,000 500,000 500,000 500,000 (I did not round my intermediate steps, if you did, select the answer closest to yours.) $267,181.87 $2,137.46 $14,176.67 $2,536.49