Foreign Exchange and Cross-Border Valuation

I review and clarify the role of foreign exchange (FX) rates in international capital budgeting, showing how the outcome of the NPV analysis, from the perspective of the home currency, is affected by a misvalued current spot FX rate, or by a forecast of misvalued future spot FX rates

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Year of publication:	[2017]
Authors:	O'Brien, Thomas J.
Publisher:	[2017]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (22 p)
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 28, 2012 erstellt
Other identifiers:	10.2139/ssrn.348462 [DOI]
Classification:	G31 - Capital Budgeting; Investment Policy
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012706876