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so good afternoon today is our last session we will be doing a very important chapter International Financial Management today your chapter 11 International Financial Management in this we would be looking at various models first first we will look at International Capital budgeting we started our uh session the first session with Advanced Capital budgeting decisions and today instead of looking at a domestic investment if we invest in another country what is it we will consider that is what we are going to see the principles are the same except another foreign currency is important so we will see how to go about it now first of all any capital investment decision is based on three principles one benefit cost analysis two the benefit and the cost has to be measured you using cash flows the benefit and the cost has to be measured using cash flows then the time value of money has to be incorporated these are the three principles which we are looking at so any investment decision there ar
