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4. Problem 14.13 (Capital Budgeting Example) Algo ebook Brower, Inc, just constructed a manufacturing plant in Ghana. The construction cost 11 billion Ghanaian Cel Brower

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4. Problem 14.13 (Capital Budgeting Example) Algo ebook Brower, Inc, just constructed a manufacturing plant in Ghana. The construction cost 11 billion Ghanaian Cel Brower intends to leave the plant open for three years. During the three years of operation, codi cash flows are expected to be 4 billion ced, 4 billion cedi, and 3 billion,pectively Operating cash flowo will begin one year from today and are remitted back to the parent at the end of each year. At the end of the third year, Brower expects to sell the plant for 5 bollon cedi. Brower has a required rate of return of 18 percent It currently takes 3,900 cedi to buy 1 U.S. dollar and the cede is expected to depreciate by 6 percent per year Determine the phor this project. Do not round intermediate calculation. Found your answer to the nearest dollar. Nogotiwa vnlues, if any, should be indicated by 5 Should Brower build the plant? Brower build the plant b. Determine the NPV if the value of the code was expected to remain unchanged from its current value of 8,000 per US dollar over the course of the three years? Do net round intermediate calculations. Round your answer to the nearest dollar. Negative values, if any, should be indicated by a minus sign $ Should Brower build the plant? Brower -Select- v build the plant

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