18-)

A well-established, large, Brazil-based MNE will probably be most adversely affected by which of the following elements of firm value?

Select one:

a. an open marketplace

b. access to qualified labor pool

c. high-quality strategic management

d. access to capital

27-)

If the direct quote for a U.S. investor for British pounds is $1.43/, then the indirect quote for the U.S. investor would be ________ and the direct quote for the British investor would be ________.

Select one:

a. 0.699/$; $1.43/

b. $0.699/; 0.699/$

c. 1.43/; 0.699/$

d. 0.699/$; 0.699/$

29-)

A firm with fixed-rate debt that expects interest rates to fall may engage in a swap agreement to:

Select one:

a. pay fixed-rate interest and receive floating rate interest.

b. pay floating rate and receive floating rate.

c. pay floating rate and receive fixed rate.

d. pay fixed rate and receive fixed rate.