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17: Multinational Cost Of Capital And Capital Structure
Be Denominated In The Same Currency. In This Case, The Subsidiary Is Not Relying On The Parent For fi Nancing, Although Some Centralized Managerial Support From The Parent Will Most Likely Still Exist. • International Diversifi Cation. As Explained Earlier, A fi Rm’s Cost Of Capital Is Af-fected By The Probability That It Will Go Bankrupt. Apr 18th, 2024
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CHAPTER 13 RISK, COST OF CAPITAL, AND CAPITAL BUDGETING
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