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Multinational Firms Have Found That They Can Lower Borrowing Costs

Question 95

Multiple Choice

Multinational firms have found that they can lower borrowing costs:


A) by borrowing US dollars.
B) by issuing more debt.
C) by using more bankers' acceptances.
D) by borrowing foreign currencies through foreign subsidiaries at rates lower than the Canadian prime and then converting these foreign loans into dollars.

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