Question: (CHAPTER 21) There is a project in Happyland that an American based company would like to invest in the project would requre 738,000 as initial
(CHAPTER 21) There is a project in Happyland that an American based company would like to invest in the project would requre 738,000 as initial investment. It is also estimated to generate cash infos equal to HH386.000 a year for the next 4 year. Aher that the project will be wortress. The current spot exchange rate equals HH - $3,4567. The risk free rate in Happylandis 5h and it is in the USA The applicable rate of return for projects in Happyland Similar to this one is 11 Calotate the Net Present Value of this project in Happyland's currency in Honore decimal places for any intermediate calculation from the default 210 or higher. Only round your awer to Two decal places for sample 10.000 21. Do NOT curry units in your answer)
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