2 V A+ X F3 #3 Simulation is useful in the bond-denomination decision since it can: Search D O precisely compute the cost of financing with bonds denominated in a portfolio of foreign currencies. assess the probability that borrowing a currency other than a local currency will achieve a lower annualized cost of financing than if it borrows its local currency. O precisely compute the cost of financing with bonds denominated in a single foreign currency. X J 4 E C precisely compute the cost of financing with bonds denominated in either a single foreign currency or in a portfolio of foreign currencies. F4 $ R - F F5 % 5 V T PRE O+ G F6 6 B Y F7 & 7 H W N F8 U 8 J O F9 M K F10 " ) 0 F11 L P V F12 [ Insert + 11