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You are considering a project in South Korea. The cash flows are in South Korean won (KRW). Given your current estimates of the future spot

You are considering a project in South Korea. The cash flows are in South Korean won (KRW). Given your current estimates of the future spot rate of USD/KRW, the NPV is positive. Explain why you should proceed with the project.

If you think the South Korean won will appreciate more against the dollar than what you originally estimated will this make it more or less likely that you proceed with the project Explain.NO MISSING GRAPHS OR DATA. NOT INCOMPLETE QUESTION.

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