A U.S. company is considering a high technology project in a foreign country. The estimated economic results for the project (after taxes), in the foreign currency (Tmarks), is shown in the following table for the sevenyear analysis period being used. The company requires an 15% rate of return in U.S. dollars (after taxes) on any investments in this foreign country. @ Click the icon to view the estimated economic results for the project. 5' Click the icon to view the interest and annuity table for discrete compounding when i=15% per year. E) a. Should the project be approved, based on a PW analysis in US. dollars, if the devaluation of the T-mark, relative to the U.S. dollar, is estimated to average 12% peryear and the present exchange rate is 19 Tmarks per dollar? The PW of the project is $ - 17,999 . (Round to the nearest dollar.) Should the project be approved? Choose the correct answer below. "No Yes b. What is the IRR of the project in Tmarks? The IRR of the project in terms of Tmarks is %. (Round to one decimal place.) End of Year Cash Flow (T-marks after Taxes) - 3,600,000 400,000 1,400,000 1,400,000 VOU AWN-O 1,400,000 1,400,000 1,400,000 1,400,000 Discrete Compounding; i = 15% Single Payment Uniform Series Compound Compound Sinking Capital Amount Present Amount Present Fund Recovery Factor Worth Factor Factor Worth Factor Factor Factor To Find F To Find P To Find F To Find P To Find A To Find A Given P Given F Given A Given A Given F Given P N F/P P/F F/A P/A A/F A/P 1.1500 0.8696 1.0000 0.8696 1.0000 1.1500 1.3225 0.7561 2. 1500 1.6257 0.4651 0.6151 DAWN- 1.5209 0.6575 3.4725 2.2832 0.2880 0.4380 1.7490 0.5718 4.9934 2.8550 0.2003 0.3503 2.0114 0.4972 6.7424 3.3522 0. 1483 0.2983 2.3131 0.4323 8.7537 3.7845 0.1142 0.2642 2.6600 0.3759 11.0668 4.1604 0.0904 0.2404 3.0590 0.3269 13.7268 4.4873 0.0729 0.2229 9 3.5179 0.2843 16.7858 4.7716 0.0596 0.2096 10 4.0456 0.2472 20.3037 5.0188 0.0493 0. 1993 11 4.6524 0.2149 24.3493 5.2337 0.0411 0.1911 12 5.3503 0. 1869 29.0017 5.4206 0.0345 0.1845 13 6. 1528 0.1625 34.3519 5.5831 0.0291 0. 1791 14 7.0757 0.1413 40.5047 5.7245 0.0247 0.1747 15 8.1371 0.1229 47.5804 5.8474 0.0210 0.1710 16 9.3576 0.1069 55.7175 5.9542 0.0179 0.1679 17 10.7613 0.0929 65.0751 6.0472 0.0154 0. 1654 18 12.3755 0.0808 75.8364 6.1280 0.0132 0.1632 19 14.2318 0.0703 88.2118 6.1982 0.0113 0.1613 20 16.3665 0.0611 102.4436 6.2593 0.0098 0. 1598