Multiple Choice
Simulation is useful in the bond-denomination decision since it can:
A) precisely compute the cost of financing with bonds denominated in a single foreign currency.
B) precisely compute the cost of financing with bonds denominated in a portfolio of foreign currencies.
C) assess the probability that a bond denominated in a foreign currency will be less costly than a bond denominated in the home currency.
D) A and B
Correct Answer:

Verified
Correct Answer:
Verified
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