How will this affect the feasibility of the project

Reference no: EM13258887

Packer, Inc., a U.S. producer of computer discs, plans to establish a subsidiary in Mexico in order to penetrate the Mexican market. Packer's executives believe that the Mexican peso's value is relatively strong and will weaken over time against the dollar. If their expectations about the peso's value are correct, how will this affect the feasibility of the project? Explain.

Reference no: EM13258887

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