Multinational forms have found that they can lower borrowing costs by borrowing
ID: 2642347 • Letter: M
Question
Multinational forms have found that they can lower borrowing costs by borrowing Eurodollars at a lower rate than the US prime Rate. by borrowing Eurodollars at a lower rate than the US prime rate and by borrowing foreign currencies through foreign subsidiaries at rates than the U.S. Prime rate an then converting these foreign loans into by using more banker's acceptances by borrowing foreign currencies through foreign subsidiaries at rate lower than the U.S. prime rate and the converting these foreign loans into dollars.Explanation / Answer
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