7. Carpet Baggers, Inc., is proposing to construct a new bagging plant in a country in Europe. The two prime candidates are Germany and Switzerland. The forecasted cash flows from the proposed plants are as follows: C, CCCCCC IRR% Germany (millions of -60 10 15 15 20 20 2015 curos) Switzerland (millions-123 20 30 30 35 35 35 12 of Swiss francs) The spot exchange rate for euros is $1.3/, while the rate for Swiss francs is SFr 1.5/$. The interest rate is 6% in the United States, 5% in Switzerland, and 7% in the euro countries. The financial manager has suggested that, if the cash flows were stated in dollars, a return in excess of 10% would be acceptable. Should the company go ahead with either project? If it must choose between them, which should it take