Zulu Inc., a U.S. MNC in South Africa, has a 4-year project whose cash flows in ZAR are: CF0=-10m; C01=5m; C02=5m; C03=5m; C04=7.5m. The parent firm WACC is 10%. U.S. inflation rate is expected to be 2% per year for the next 4 years while that for S. Africa is 4% per year for the next 4 years. Current spot forex between ZAR/USA = 4.00. Find the NPV of this project for the parent firm in USD.