It's 1962 and you live in London, England. You are the CFO of a bank that currently accepts USD deposits from (Western) European Corporations. As things stand, you then deposit that money in US Banks located in NY. Typically, you pay your depositors 3% on their deposits and earn 4% in NY. Kennedy is about to introduce his interest equalization Tax. Because you are a CFO who seeks to maximize cash flow, you may decide to: O a. Reduce the interest rate you pay your depositors to attract more business. O b. Close down your offices just prior to the Great Depression C. O d. Accept USD deposits from European firms and lend out USD to European firms while not being subject to Kennedy's IET. Open a subsidiary in NY to avoid higher taxes