Multiple Choice
If an MNC finances with a currency different from its invoice currency, it would prefer that the loan be denominated in a currency that:
A) exhibits a low interest rate and is expected to appreciate.
B) exhibits a low interest rate and is expected to depreciate.
C) exhibits a high interest rate and is expected to depreciate.
D) exhibits a high interest rate and is expected to appreciate.
Correct Answer:
Verified
Correct Answer:
Verified
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