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A multinational company may prefer to hold size able cash balances in one currency rather than another because

A. of high interest rates existing in one country.

B. one country's currency may be weak relative to the other.

C. the company is looking to do business in the country with that currency in the future.

D. all of the options are true.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92344480

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