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Accessing Long-Term Interest Rates Go to www.bloomberg.com and review the yields (rates) of foreign currencies. The long-term interest rates shown here reflect the government cost
Accessing Long-Term Interest Rates
Go to www.bloomberg.com and review the yields (rates) of foreign currencies. The long-term interest rates shown here reflect the government cost of borrowing, so an MNC would have to pay a slightly higher interest rate than the rate shown. What is the government's borrowing rate in Canada? Is the rate higher or lower than the government rate in the U.S.? What rate do you think you would have to pay if you borrowed funds in Canada?
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