Multiple Choice
Multinational firms have found that they can lower borrowing costs
A) by borrowing Eurodollars at a lower rate than the Canadian prime rate.
B) by borrowing foreign currencies through foreign subsidiaries at rates lower than the Canadian prime and then converting these foreign loans into dollars.
C) by using more bankers' acceptances.
D) two of the answers are correct
Correct Answer:

Verified
Correct Answer:
Verified
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