One of the differences between capital budgeting for domestic and foreign operations is that the:?
A. ?cash flow estimation is simple for foreign operations.
B. ?repatriation of earnings does not occur for foreign operations.
C. ?cash flows for foreign operations are subject to future exchange rate changes.
D. ?foreign operations are free from taxes imposed by home-country and host-country.
E. ?foreign operations are always less riskier than domestic operations.
Answer: C
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