8 Assessing a foreign project. Huskie SA, a Frenchbased MNC, considers purchasing a small manufacturing company in
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8 Assessing a foreign project. Huskie SA, a Frenchbased MNC, considers purchasing a small manufacturing company in the US that sells products only within the States. Huskie has no other existing business in the US and no cash flows in dollars. Would the proposed acquisition likely be more feasible if the dollar is expected to appreciate or depreciate over the long run? Explain.
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