=+E15-22 Changing prices Obj 3 Goodwell Foods Inc. invested $10,000,000 to build a plant in a foreign

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=+E15-22 Changing prices Obj 3 Goodwell Foods Inc. invested $10,000,000 to build a plant in a foreign country. The labor and materials used in production are purchased locally. The plant expansion was estimated to pro¬

duce an internal rate ofreturn of 20% in U.S. dollar terms. Due to a currency crisis, the currency exchange rate between the local currency and the U.S. dollar doubled from 4 local units per U.S.

dollar to 8 local units per U.S. dollar.

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