An American company is weighing their options for maximizing their long-term profits, and is considering outsourcing as a possible way to achieve this. The small sovereign nation of Jeffria has become a frontrunner for this plan; if the American company invests 117 million in the foreign currency (known as "Jeffbucks") as starting capital for a new manufacturing plant, it can expect to earn approximately 20 million Jeffbucks per year for the next ten years. The conversion rate in the year of investment is $1 per 8 Jeffbucks, and in an effort to spur foreign investment, the government of Jeffria has planned to intentionally devalue its currency against the dollar at a constant rate of 3% for the foreseeable future. If the American company requires a MARR of 8% (relative to the US dollar). a) [4pt] Provide a cash flow diagram of this scenario from the perspective of the Jeffrian market. b) [8pt] What is the MARR relative to the Jeffbuck? c) [8pt] Is this project justified? Use PW analysis