20 How country risk affects NPV. In the previous question, assume that instead of adjusting the estimated

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20 How country risk affects NPV. In the previous question, assume that instead of adjusting the estimated cash flows of the project, Monk had decided to adjust the discount rate from 12% to 17%.

Re-evaluate the NPV of the project’s expected scenario using this adjusted discount rate.

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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