You are an US based investor and you are a huge fan of BMW cars. That is why you have decided that you want to purchase the share of BMW Group. But BMW is not listed in NYSE. Which of the following instrument may help you to invest in BMW shares?

(a) ETFs

(b) Derivatives

(c) ADRs

(d) Warrants

The numerator of the MNC valuation equation represents Cash flows. in October 2008, the credit crisis intensified. The credit crisis may have increased which of the following?

(a) Cost of capital

(b) uncertainty surrounding the future cash flows

(c) exchnage rates

(d) none