WHICH IS NOT CONSIDERED A SHORTCOMING OF THE PARENT SIMPLY ADJUST...

164. Which is NOT considered a shortcoming of the parent simply adjusting discount rates to account for the additional risk that stems from a project's foreign location? a. These are all shortcomings associated with discount rate adjustment. b. Increased sales volume might offset the lower value of a local currency. c. Cash flows are already highly subjective. d. Two-sided risk in that foreign currency may appreciate or depreciate.