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 C C3 . C5 C6 IRR (%) -60 +10 + 15 +15 +20 +20 +20 15.0 Germany (millions of euros) Switzerland (millions of Swiss francs) - 120 +20 +30 +30 +35 +35 +35 12.8 The spot exchange rate for euros is $1.3/, while the rate for Swiss francs is CHF 1.5/$. The interest rate is 5% in the United States, 4% in Switzerland, and 6% 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? Please explain your answer in detail and provide in-text citations. 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 C C3 . C5 C6 IRR (%) -60 +10 + 15 +15 +20 +20 +20 15.0 Germany (millions of euros) Switzerland (millions of Swiss francs) - 120 +20 +30 +30 +35 +35 +35 12.8 The spot exchange rate for euros is $1.3/, while the rate for Swiss francs is CHF 1.5/$. The interest rate is 5% in the United States, 4% in Switzerland, and 6% 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? Please explain your answer in detail and provide in-text citations