To convert a project's future cash flows into another currency, we need to use today's spot exchange rate.

Name: To convert a project's future cash flows into another currency, we need to use today's spot exchange rate.
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Quizplus · Accepted Answer

To convert future cash flows into another currency, we need to use the forward exchange rate, not the spot exchange rate. The forward rate is a prediction of what the exchange rate will be at the time of the cash flow, while the spot rate is the exchange rate at the current time.

To Convert a Project's Future Cash Flows into Another Currency