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Savannah, Inc., a manufacturer of clothing, wants to increase its market share by acquiring a target producing a popular clothing line in Europe. This clothing

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Savannah, Inc., a manufacturer of clothing, wants to increase its market share by acquiring a target producing a popular clothing line in Europe. This clothing line is well established. Forecasts indicate a relatively stable euro over the life of the project. Marquette, Inc., wants to increase its market share in the tablet computer market by acquiring a target in Thailand that currently produces radios and converting the operations to produce tablets. Forecasts indicate a depreciation of the baht over the life of the project. Funds resulting from both projects will be remitted to the respective U.S. parent on a regular basis. Which target do you think will result in a higher net present value? The-Select-target will likely result in a higher NPV. First, the expected depreciation of the Thai baht will -Select-dollar cash flows remitted to Marquette, while dollar cash flows remitted to Savannah will -Select- . Second, there is much greater uncertainty regarding the -Select- project, which would result in a project. -Select- required rate of return that, in turn, will -Select- the net present value associated with a

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