Which of the following is NOT a factor that complicates capital budgeting in an

MNE?

Project cash flows are usually in a currency other than the reporting currency of the

parent firm.

The project may be exposed to country risk, such as government intervention or

adverse economic conditions.

Tax rules in the project location and the parent's country usually differ.

Governments may restrict the transfer of funds from the project to the parent firm.

The project cash flow is complex and requires forecasting a range of variables.