Problem 2 (30 pts): A U.S. firm is analyzing a potential investment project in another country. It is estimated that currency X will be devalued in the international market at an average of 4% per year relative to the U.S. dollar over the next several years. The estimated before-tax cash flow (in currency X) of the project is as follows. If the MARR value of the U.S. firm is 28% per year, use IRR method and evaluate the investment? EOY Net Cash Flow (Currency X) 0 -$2,000,000 1 $800,000 2 $800,000 3 $800,000 4 $800,000 5 $800,000 6 $800,000 6 $400,000