Class Group Workshop 45 minutes - You are a CFO of investment company, there are two projects to choose to invest (your cost of capital is 12% ): 1. A restaurant chain in Myanmar, with return of 20% annually and growth of 15% per year. The investment required \$10M USD. 2. Real estate of home factory complex in Kabul, Afghanistan. With a guarantee to be bought by the government in the 3rd year if you can't sell the units. The investment is $10M USD, and the minimum profit of Free Cash Flow of $30M in year 3 . - Which projects that you choose (if you have to choose one!), and give the reasons of your decisions. - Do additional research, economic, foreign exchange risk and country risk. - Discuss your answer - + progress report + Presentation G3: Overvaluation Trap