International Pooch Is Headquartered in Canada, but Is Considering the Construction

question 339

True/False

International Pooch is headquartered in Canada, but is considering the construction of a plant in
Japan. If they use the home currency approach to calculating the NPV, they will[LINE][LINE]1)
Convert all yen cash flows into dollars;[LINE]2) Discount the cash flows at the firm's required return;
[LINE]3) Compute the NPV in dollars.