Merck & Co, Inc evaluates proposed saving investments in the Spanish subsidiary. The case introduces the techniques of analysis of discounted cash flows in assessing multi-currency setting. Can be used to teach basic international parity conditions as they relate to the value of operating cash flows. "Hide
by Timothy A. Luehrman, James J. Student Source: Harvard Business School 6 pages. Publication Date: January 6, 1989. Prod. #: 289029-PDF-ENG
Related Case Solutions & Analyses:
David Melcher
General Dynamics and Computer Sciences Corp.: Outsourcing the IS Function (D)
American Barrick Resources Corp.: Managing Gold Price Risk
NEC
ABB Deutschland (A)
Hong Kong: A Concise Profile, 2014
De-Biasing Discussion
Hungary: Economic Crisis and a Shift to the Right
Safety Regulation and the Rise of Towngas in Hong Kong
China: To Float or Not to Float? (A), Spanish Version
