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It is the year 2021 and Pork Barrels Inc., is considering construction of a new barrel plant in Spain. The forecasted cash flows in millions

It is the year 2021 and Pork Barrels Inc., is considering construction of a new barrel plant in Spain. The forecasted cash flows in millions of euros are as follows: The spot exchange rate is $1.28 = 1. The interest rate in the United States is 7% and the euro interest rate is 5%. You can assume that pork-barrel production is effectively risk-free.

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