What impact does the globalization of capital markets have on a managers judgment of the appropriate cost

Question:

What impact does the globalization of capital markets have on a manager’s judgment of the appropriate cost of capital to employ when estimating the value of a subsidiary headquartered in a foreign country?

Cost Of Capital
Cost of capital refers to the opportunity cost of making a specific investment . Cost of capital (COC) is the rate of return that a firm must earn on its project investments to maintain its market value and attract funds. COC is the required rate of...