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If a companys before-tax MARR based on currency A is 8% and the annual devaluation rate between currency A and the U.S. doll
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Company's before tax MARR based on Currency-A is 8%

Annual devaluation rate between Currency - A and US Dollar is 3%

.

MARR of this company based on the US Dollar = 0.08 + (-0.03) + (0.08)*(-0.03)

= 0.08 - 0.03 - 0.0024

= 0.0476

=0.0476

= 4.76%.....(Answer)

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