CONCEPTUAL QUESTIONS 13.1 Describe the two recipes for discounting foreign currency cash flows. Under what conditions are these recipes equivalent? 13.2 Discuss each cell in Exhibit 13.8. What should (or shouldn't) a firm do when faced with a foreign project that fits the description in each cell? 13.3 Why is it important to separately identify the value of any side effects that accompany foreign investment projects? CONCEPTUAL QUESTIONS 13.1 Describe the two recipes for discounting foreign currency cash flows. Under what conditions are these recipes equivalent? 13.2 Discuss each cell in Exhibit 13.8. What should (or shouldn't) a firm do when faced with a foreign project that fits the description in each cell? 13.3 Why is it important to separately identify the value of any side effects that accompany foreign investment projects