CHEGG 10

business operations indicate the following short-term financing position for each subsidiary (in equivalent U.S. dollars): Mexico: $84 million excess cash to be invested (lent) Japan: $68 million funds to be raised (borrowed) invested and raised. (Note: Assume that because of local regulations, a subsidiary is not permitted to use the domestic market of any other subsidiary.) The effective interest rate in the Euromarket for the US\$ is 6. (Round to two decimal places.) Data table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)