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A U.S. based company is considering an international project in country S. This project requires 4.5 million dollars investment and can bring in after tax

A U.S. based company is considering an international project in country S. This project requires 4.5 million dollars investment and can bring in after tax revenue of 1.2 million for the next six years (in S countrys currency). The present exchange rate is 16:1 (16 units of S countrys currency for $1) and the devaluation of S countrys currency is estimated to average 10% per year. If this company has a 15% after tax MARR in U.S. dollars, should this international project be considered?

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