1.A well-known Canadian-based MNC needs some working capital in euro to support its Italian operations.Although the company...
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Question:
1.A well-known Canadian-based MNC needs some working capital in euro to support its Italian operations.Although the company realizes the tedious regulations associated with debt issuance, it sees the potential benefits of local financing.The parent MNC should issue
____
A)Euro-commercial papers in Italy
B)Foreign bonds in Italy
C)Euro-bonds in Canada
D)Global bonds
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