Question: When risk assets (stock market, for example) goes into points of high stress, often (though not always), the USD strengthens. Please describe how this might

When risk assets (stock market, for example) goes into points of high stress, often (though not always), the USD strengthens. Please describe how this might impact WACC (effective cost of funds) for foreign organizations borrowing in dollars but chiefly operating/earning in non-dollar currency.

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