Washi Sept 2018

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August 2, 2019 at 5:28 pm #526032
pony96
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Dear Sir,

The question stated the end of year one being the start of the project (y0) and the exchange rate in y0 is calculated at y1 rate. May I know why the net cash flow in y0 discounted at 1.000 rather than 0.893?
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