9. Interest rates and exchange rates (S28.2) Penny Farthing, the treasurer of International Bicycles Inc., has noticed

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9. Interest rates and exchange rates (S28.2) Penny Farthing, the treasurer of International Bicycles Inc., has noticed that the interest rate in Japan is below the rates in most other countries.

Therefore, she is suggesting that the company should make an issue of Japanese yen bonds. Does this make sense?

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