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1. Will a Multinational Company (MNC) issuing debt in lowinterest rate currencies necessarily lower its cost of funds? Why? 5 points 2. What is turnover?

1. Will a Multinational Company (MNC) issuing debt in lowinterest rate currencies necessarily lower its cost of funds? Why? 5 points 2. What is turnover? And what is the relationship of turnover with liquidity and transaction costs? 5 points

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