Question: A subsidiary whose parent guarantees its debt can obtain debt financing____ (more or less) easily than a subsidiary whose parent does not guarantee its debt.

A subsidiary whose parent guarantees its debt can obtain debt financing____ (more or less) easily than a subsidiary whose parent does not guarantee its debt.

A subsidiary located in a country where the government imposes a high withholding tax on remitted funds will be ____ (more or less) likely to obtain local debt than if there were a low tax rate on remitted funds.

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