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Question 7 1 pts LMN Corp, a U.S.form, calculated the NPV of a 5-year U.K.-based project to be $5 million based on the assumptions that

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Question 7 1 pts LMN Corp, a U.S.form, calculated the NPV of a 5-year U.K.-based project to be $5 million based on the assumptions that the WACC is 10% and the British Pound would appreciate by 2% each year over the life of the project. Which of the following is/are true? The NPV would be higher if they assumed a higher WACC. The NPV would be higher if they assumed the British pound would depreciate over the life of the project Both the first and second statements are false. Both the first and second statements are true. Question 8 1 pts According to Greenspan (19 the South East Asian crisis was a result of: Poorly structured banks that had large volumes of hard currency debts Poorly supervised / regulated banks Nepotism and government interference with market forces The first second and third statements are all true Only the first and second statements are true

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