The Foreign Currency Approach to Capital Budgeting Analysis

The foreign currency approach to capital budgeting analysis:
I.is computationally easier to use than the home currency approach.
II.produces the same results as the home currency approach.
III.requires an exchange rate for each time period for which there is a cash flow.
IV.computes the NPV of a project in both the foreign and the domestic currency.

A) I and III only
B) II and IV only
C) I, II, and IV only
D) II, III, and IV only
E) I, II, III, and IV