The country in which factory B is located will devalue their currency against the by 15
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● The country in which factory B is located will devalue their currency against the £ by 15 per cent on 1 January of year 4. It is estimated that the currency/
volume effect on estimated net cash flows for factory B would be to reduce them by 5 per cent.
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Managing Finance A Socially Responsible Approach
ISBN: 9780750661010
1st Edition
Authors: D. Crowther
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