Investors home country bias is diminishing rapidly. Sooner or later most investors will hold the world market
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“Investors’ home country bias is diminishing rapidly. Sooner or later most investors will hold the world market portfolio, or a close approximation to it.” Suppose that statement is correct. What are the implications for evaluating foreign capital investment projects?
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Foreign capital investment projects will be ...View the full answer
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Related Book For 
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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