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: 2 Germany (millions of euros) Switzerland (millions of Swiss Francs) -62 -116 C1 +12 +22 62 +17 +32 3 +17 +32 +22 37 CS +22 +37 C6 +22 +37 IRRIN 17.9 16.1 The spot exchange rate for euros is $132/, while the rate for Swiss francs is SF/1.52/5. The interest rate is 7% in the United States, 6% in Switzerland, and 8% in the euro countries. The financial manager has suggested that, if the cash flows were stated in dollars, a return in excess of 12% would be acceptable. - Calculate the NPV in dollars for the German plant. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places. 1 Net present value milion b. Calculate the NPV in dollars for the Swiss plant. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Net present value milions