Impact of Asian crisis. Assume that Fordham plc was evaluating a project in Thailand (to be financed with British pounds). All cash flows generated from the project were to be reinvested in Thailand for sev- eral years. Explain how the Asian crisis would have affected the expected cash flows of this project and the required rate of return on this project. If the cash flows were to be remitted to the UK parent, explain how the Asian crisis would have affected the expected cash flows of this project.