\begin{tabular}{|c|c|c|} \hline \begin{tabular}{c} Foreign \\ currency \\ NPV is \\ negative. \end{tabular} & \begin{tabular}{c} Domestic currency \\ NPV is negative. \end{tabular} & \begin{tabular}{c} Domestic currency \\ NPV is positive. \end{tabular} \\ \hline \begin{tabular}{c} This is a loser \\ any way you \\ look at it. \end{tabular} & Reject and Look for better projects \\ \begin{tabular}{c} Foreign \\ currency \\ NPV is \\ positive. \end{tabular} & \begin{tabular}{c} Accept, \\ \& then try to lock in \\ time 0 value \\ 2. Why? \\ examples of how to \\ lock in time 0 \\ value. \end{tabular} & \begin{tabular}{c} Accept, \& then structure the deal \\ When foreign currency NPV is higher, \\ you should hedge. \\ 4. Why? \end{tabular} \\ \hline \end{tabular}