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    Mergers Acquisitions Study Set 1
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    Exam 18: Cross-Border Mergers and Acquisitions:
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    Whenever the Target Firm's Projected Cash Flows Are in Local
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Whenever the Target Firm's Projected Cash Flows Are in Local

Question 64

Question 64

True/False

Whenever the target firm's projected cash flows are in local currency, the risk free rate is the local country's government bond rate.

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