Choose an emerging market multinational. Conduct some research about where the company raises capital to fund its international growth. Do you think the cost of capital incurred by the company is:

1. Comparable to its domestic counterparts? Explain.

2. Comparable to U.S. or other industrialized country firms in its comparable industry?

Hint: Cemex of Mexico, Vale of Brazil, Haier of China, Tata Group of India, and Thai Union Frozen Group of Thailand are a few successful MNEs.

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