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(b) A New Zealand organisation undertakes various projects within New Zealand as well as in other developed and less~developed countries. The company requires a rate
(b) A New Zealand organisation undertakes various projects within New Zealand as well as in other developed and less~developed countries. The company requires a rate of return of 15 per cent for projects in New Zealand and other developed countries, but 25 per cent in lessdeveloped countries. Required Briey discuss four risks and uncertainties this New Zealand organisation would have considered in order to justify why they require a higher rate of return for projects in the lessvdeveloped countries. (2 marks)
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