Explain why some companies that issue bonds engage in currency swaps. Why do they not simply issue

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Explain why some companies that issue bonds engage in currency swaps. Why do they not simply issue bonds in the currency that they would prefer to use for making payments?

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Financial Markets and Institutions

ISBN: 978-1337099745

12th edition

Authors: Jeff Madura

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Question Posted: Oct 31, 2017 08:01 AM

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Explain why some companies that issue bonds engage in currency swaps. Why do they not simply issue

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Companies may not be well known in the country where the bonds denominated in a part...View the full answer

Financial Markets and Institutions

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