4. Cash Flow. Capital projects provide both operating cash flows and financial cash flows. Why are operating

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4. Cash Flow. Capital projects provide both operating cash flows and financial cash flows. Why are operating cash flows preferred for domestic capital budgeting but financial cash flows given major con- sideration in international projects?

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Fundamentals Of Multinational Finance

ISBN: 9780321541642

3rd Edition

Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman

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