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    pinneya Posts: 2, Reputation: 1
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    #1

    Dec 13, 2010, 07:37 AM
    Accounting Finance Assignment
    A U.S.-based firm is planning to make an investment in Europe. The firm estimates that the project will generate cash flows of 200,000 euros after one year. If the one-year forward exchange rate is $1.40/euro and the dollar cost of capital is 9%, what is the present value (PV) of the project cash cash flows?
    A) $268,880
    B) $232,981
    C) $256,881
    D) $245,198

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    #2

    Dec 13, 2010, 11:12 AM

    Please read this announcement.

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    We won't do your homework for you. If you post the work you have done, we can see what you are not understanding and get you started in the right direction. Thanks.

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