When would a U.S.-based MNC probably not consider short-term foreign financing? Select one: O a Canadian dollars offer a lower interest rate than available in the U.S. and are expected to appreciate over the maturity of the loan. O b. Australian dollars offer a lower interest rate than available in the U.S. and are expected to depreciate over the maturity of the loan. CAU.S.firms has net receivables in Cyprus pounds. d. A and C @ e. None of the above If excess cash is invested in a foreign country by an MNC it would like the foreign currency to _if an MNC issues bonds denominated in a foreign currency, it would like the foreign currency to Select one: a. appreciate depreciate ob, appreciate appreciate Oc depreciate depreciate O d. depreciate, appreciate Translation exposure is not a problem for which of the following firms? Select one: o a. Firm X with a fully owned subsidiary that periodically remits earnings generated in Great Britain to the U.S.-based parent. Ob Firm Y with a fully owned subsidiary that periodically generates foreign losses in Sweden. The parent covers at least some of these lasses O c Firm Z. with a fully owned subsidiary that generates substantial earnings in Germany. The subsidiary never remits earnings but reinvests them in Germany O d. All of the above firms are exposed to translation exposure. The International Fisher Effect (IFE) indicates that Select one: O a. exchange rates adjust to compensate for income differentials between countries b. interest rates adjust to compensate for income differentials between countries coxchange rates adjust to compensate for interest rate differentials between countrios Od exchange rates adjust to compensate for risk differentials between countries