Ray Corp. is a U.S. electronics manufacturer with a production plant in Turkey. This morning; the Turkish

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Ray Corp. is a U.S. electronics manufacturer with a production plant in Turkey. This morning; the Turkish government introduced a new law prohibiting the repatriation of any funds from the country for another two years. What type of risk does Ray Corp. face?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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