An automobile manufacturing company in Country X is considering the construction and operation of a large plant on the eastern seaboard of the United States. Their

MARRequals=1919%

per year on a before-tax basis.

(This

is a market rate relative to their currency in Country

X.)

The study period used by the company for this type of investment is

1212

years. The currency in Country X is the Z-Kron. It is estimated that the U.S. dollar will become weaker relative to the Z-Kron during the next

1212

years. Specifically, the dollar is estimated to be devalued at an average rate of

1.91.9%

per year. The present exchange rate is 92 Z-Krons per U.S. dollar. The estimated before-tax net cash flow (in U.S. dollars) is given in the table below. Based on a before-tax analysis, will this project meet the company's economic decision criterion?

EOY	Net Cash Flow (U.S. Dollars)
0	minus124 comma 000 comma 000124,000,000
1	minus31 comma 000 comma 00031,000,000
2	74 comma 000 comma 00074,000,000
...	...
1212	74 comma 000 comma 00074,000,000

The PW of net cash flows is

$nothing

million, thus the project

will not

will

meet the company's economic decision criteria.

An automobile manufacturing company in Country X s considering the construction and operation of a large plant on the eastern seaboard of he United States. Their MARR 199 per year on a before a basis. This is a market rate relative to their currency in Country X.) The study period used by the company for this type of investment is 12 years. The currency in Country X is the Z-Kron. It is estimated that the U.S. dollar will become weaker relative to the Z Kron during the next 12 years. Specifically, the dollar is estimated to be devalued at an average rate of 1.9% per year. The present exchange rate is 92 Z Krons per u dollar. The estimated before-tax net cash flow in U.S dollars) is given in the table below. Based on a before-tax analysis, will this project meet the company's economic decision criterion? EOY Net Cash Flow (U.S. Dollars) 124,000,000 -31,000,000 74,000,000 12 74,000,000 The PW of net cash flows is s million, thus the projectmeet the company's economic decision criteria (Round to two decimal places) An automobile manufacturing company in Country X s considering the construction and operation of a large plant on the eastern seaboard of he United States. Their MARR 199 per year on a before a basis. This is a market rate relative to their currency in Country X.) The study period used by the company for this type of investment is 12 years. The currency in Country X is the Z-Kron. It is estimated that the U.S. dollar will become weaker relative to the Z Kron during the next 12 years. Specifically, the dollar is estimated to be devalued at an average rate of 1.9% per year. The present exchange rate is 92 Z Krons per u dollar. The estimated before-tax net cash flow in U.S dollars) is given in the table below. Based on a before-tax analysis, will this project meet the company's economic decision criterion? EOY Net Cash Flow (U.S. Dollars) 124,000,000 -31,000,000 74,000,000 12 74,000,000 The PW of net cash flows is s million, thus the projectmeet the company's economic decision criteria (Round to two decimal places)