Question: LaSalle Corp. is a U.S.- based MNC with subsidiaries in various less developed countries where stock markets are not well established. How can LaSalle still

LaSalle Corp. is a U.S.- based MNC with subsidiaries in various less developed countries where stock markets are not well established. How can LaSalle still achieve its “global” target capital structure of 50 percent debt and 50 percent equity, if it plans to use only debt financing for the subsidiaries in these countries?

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