Question: Suppose that you (foolishly) use your own views about exchange rates when valuing an overseas investment proposal. Specifically, suppose that you believe that the rur
Suppose that you (foolishly) use your own views about exchange rates when valuing an overseas investment proposal. Specifically, suppose that you believe that the rur will depreciate by 2% per year. Recalculate the NPV of Ecsy-Cola's project from Section 22.4.
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