A U.S. based company is considering an international project in country S. In S countrys currency (S-dollar), this project requires 460460460 million S-dollars investment and can bring in after tax revenue of 190190190 million S-dollar in year 1. The after-tax revenue stays constant at 250250250 million S-dollar from year 2 to year 202020 (the analysis period is 202020 years). The present exchange rate is 222222:1 (222222 units of S countrys currency for $1) and the devaluation of the S-dollar, relative to the U.S. dollar, is estimated to average 12 %12%12\% per year. If this company has a 9 %9%9\% after tax MARR in U.S. dollars, what is the PW (in millions) of this project in U.S. dollars?

HW9-S22 Your answers will be auto-saved as you enter them. Any saved answers will be submitted automatically when the assessment ends. Problem 1 (2 points) A U.S. based company is considering an international project in country S. In S country's currency (S- dollar), this project requires 460 million S-dollars investment and can bring in after tax revenue of 190 million S-dollar in year 1. The after-tax revenue stays constant at 250 million S-dollar from year 2 to year 20 (the analysis period is 20 years). The present exchange rate is 22:1 (22 units of S country's currency for $1) and the devaluation of the S-dollar, relative to the U.S. dollar, is estimated to average 12% per year. If this company has a 9% after tax MARR in U.S. dollars, what is the PW (in millions) of this project in U.S. dollars? Please keep two digit after decimal for your answer (in millions). $ million LATEX You have used 0 of 5 attempts Submit