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27. (TRUE or FALSE?) Higher country risk should be incorporated into the international capital budgeting analysis by adjusting the firm's discount rate downward for the

27. (TRUE or FALSE?) Higher country risk should be incorporated into the international capital budgeting analysis by adjusting the firm's discount rate downward for the additional risk.

28. (TRUE or FALSE?) The forward rate is the exchange rate at which one currency can be converted to another immediately.

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