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Many US Firms with a Large Percentage of Their Revenues Derived

Question 62

Multiple Choice

Many U.S. firms with a large percentage of their revenues derived in foreign countries prefer to leave their cash outside the United States because using those funds to pay dividends or purchase treasury stock would


A) promote foreign investment.
B) decrease foreign exchange.
C) inflate stock prices.
D) create pressure for decreased exporting.
E) require a big U.S. corporate income tax payment.

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