Question
20. A multinational company may prefer to hold sizeable cash balances in one currency rather than another because A. of high interest rates existing in
20. A multinational company may prefer to hold sizeable cash balances in one currency rather than another because
A. of high interest rates existing in one country.
B. one country's currency may be weak relative to the other.
C. the company is looking to do business in the country with that currency in the future.
D. all of the options are true.
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Entrepreneurial Finance
Authors: M. J. Alhabeeb
1st Edition
1118691512, 978-1118691519
