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    Multinational Business Finance
  4. Exam
    Exam 18: Multinational Capital Budgeting and Cross-Border Acquisitions
  5. Question
    A Foreign Firm That Is 20% to 49% Owned by a Parent
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A Foreign Firm That Is 20% to 49% Owned by a Parent

Question 7

Question 7

Multiple Choice

A foreign firm that is 20% to 49% owned by a parent is called a/an:


A) subsidiary.
B) affiliate.
C) partner.
D) rival.

Correct Answer:

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