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Problem 1 (2 points) AU.S. based company is considering an international project in country S. In S country's currency (S- dollar), this project requires 200

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Problem 1 (2 points) AU.S. based company is considering an international project in country S. In S country's currency (S- dollar), this project requires 200 million S-dollars investment and can bring in after tax revenue of 190 million S-dollar in year 1. The after-tax revenue stays constant at 400 million S-dollar from year 2 to year 16 (the analysis period is 16 years). The present exchange rate is 12:1 (12 units of S country's currency for $1) and the devaluation of the S-dollar, relative to the U.S. dollar, is estimated to average 14% per year. If this company has a 11% after tax MARR in U.S. dollars, what is the PW (in millions) of this project in U.S. dollars? Please keep two digit after decimal for your answer (in millions). Problem 1 (2 points) AU.S. based company is considering an international project in country S. In S country's currency (S- dollar), this project requires 200 million S-dollars investment and can bring in after tax revenue of 190 million S-dollar in year 1. The after-tax revenue stays constant at 400 million S-dollar from year 2 to year 16 (the analysis period is 16 years). The present exchange rate is 12:1 (12 units of S country's currency for $1) and the devaluation of the S-dollar, relative to the U.S. dollar, is estimated to average 14% per year. If this company has a 11% after tax MARR in U.S. dollars, what is the PW (in millions) of this project in U.S. dollars? Please keep two digit after decimal for your answer (in millions)

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