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From Midland case study in Harvard Business reivew, how would you answer this question? The fact that 77.7% of Midland's earnings are generated abroad may

From Midland case study in Harvard Business reivew, how would you answer this question?

The fact that 77.7% of Midland's earnings are generated abroad may put a question mark at the calculations done by Janet Mortensen. Why? How would you adjust the cost of capital calculated if we consider the overseas investment? Would it increase? Decrease? Or just stay the same? On what does your answer depend on?

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