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Local currency debt is valuable to the foreign subsidiary that has substantial local currency cash inflows from its business activities. It provides a foreign exchange financial hedge. a. True b. False
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Local currency debt is valuable to the foreign subsidiary that has substantial local currency cash inflows from its business activities. It provides a foreign exchange financial hedge.

a. True
b. False

User Roy Calderon
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8.1k points

1 Answer

5 votes
True I just took the test on edge and got 100
User Yam Marcovic
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