Which of the following statement is FALSE? In theory multinational firms are in a better position than domestic forms to support higher debt ratios. A significant advantage of borrowing foreign currency-denominated bonds is that the borrower need not worry about relative changes in the value of the home currency. For firms to raise capital in international markets, it is more important to adhere to capital structure ratios similar to those found in the United States and United Kingdom than to those in the firm's home country. What is the main advantage that international portfolio managers have compared to portfolio managers limited to domestic-only asset allocation? Choose the one that is NOT correct. Internationally diversified portfolios often have a higher expected rate of return because emerging national securities markets are riskier than domestic markets they nearly always have a lower level of portfolio risk. national securities markets are imperfectly correlated with one another