=+b. Assume that the plant produced product in the local economy but exported the product back to

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=+b. Assume that the plant produced product in the local economy but exported the product back to the United States for sale. Explain what impact the change in the currency exchange rate would have on the project’s internal rate of return under this assumption.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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