An automobile manufacturing company in Country X is considering the construction and operation of a large plant on the eastern seaboard of Country Y. Their MARR = 9.76% 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 10 years. We also know that: The currency in Country X is the Z-Kron. It is estimated that Country Y dollar.

The estimated before-tax net cash flow (in Country Y dollars) is as follows:

Based on a before-tax analysis, will this project meet the company's economic decision criterion?

\begin{tabular}{|l|l|} \hline EOY & Net Cash Flow (Country Y Dollars) \\ \hline 0 & 168,000,000 \\ \hline 1 & 32,000,000 \\ \hline 2 & 69,000,000 \\ \hline & \\ \hline 10 & 69,000,000 \\ \hline \end{tabular}