Question: You are considering a project in India which has an initial cost of 1,050,000RS. The project is expected to return a one-time payment of 1,970,000RS

You are considering a project in India which has an initial cost of 1,050,000RS. The project is expected to return a one-time payment of 1,970,000RS five years from now. The risk-free rate of return is 2 percent in the U.S. and 4.5 percent in India. The inflation rate is 1.7 percent in the U.S. and 4 percent in India. Currently, you can buy 5,200RS for $100. How much will the payment five years from now be worth in U.S. dollars? A.$27,380 B.$29,006 C.$31,579 D.$33,484 E.$35,412

Bro, ignore the table

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