Brush Mountain Enterprises, Inc. $($BME$)$ is a Virginia corporation. BME is considering three alternative locations for a new manufacturing facility$$Virginia$,$ Ireland, and Belize. If an international location is selected, the facility will be owned and operated by a foreign subsidiary organized under the laws of that country.

The new facility requires an initial investment of $$100$ million, and any profits during the n$-$year investment horizon will be reinvested in the facility and will earn the same pretax return as the original investment. After n years the facility will be sold for an amount equal to the cumulative investment in the facility, that is$,$ the original investment and all the reinvested earnings and profits. All liquidation proceeds will be repatriated to the parent corporation, BME.

The pretax returns and local tax rates are: