Question 4 (10 marks) A MNC is evaluating a three (3) year project in India with a USD20 million initial investment. The required rate of return is 8% p.a. The project is expected to provide cash flows of Indian Rupees (INR) 10 million in year one, INR20 million in year two, and INR45 million in year three, excluding the salvage value. Assume no taxes and a stable exchange rate of USD 0.0225-INRI over the next three (3) years. All cash flows are repatriated to the parent. What is the break-even salvage value in USD and in INR? Show all calculations and working, clearly and explicitly 10 Marks