Question: PLEASE SOLVE USING EXEL. ALSO SHOW EXEL CODE An automobile manufacturing company in Country X is considering the construction and operation of a large plant

PLEASE SOLVE USING EXEL. ALSO SHOW EXEL CODE An automobile manufacturing companyPLEASE SOLVE USING EXEL. ALSO SHOW EXEL CODE

An automobile manufacturing company in Country X is considering the construction and operation of a large plant on the eastern seaboard of the United States. Their MARR = 23% per year on a before-tax basis. (This is a market rate relative to their currency in Country X.) The study period used by the company for this type of investment is 10 years. The currency in Country X is the Z-Kron. It is estimated that the U.S. dollar will become weaker relative to the Z-Kron during the next 10 years. Specifically, the dollar is estimated to be devalued at an average rate of 3.1% per year. The present exchange rate is 92 Z-Krons per U.S. dollar. The estimated before-tax net cash flow (in U.S. dollars) is given in the table below. Based on a before-tax analysis, will this project meet the company's economic decision criterion? EOY Net Cash Flow (U.S. Dollars) 0 - 122,000,000 1 - 26,000,000 2. 53,000,000 10 53,000,000

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