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In 750 to 1,000 words total, respond to the following: Why might a firm use a "local" capital structure at a particular subsidiary that differs substantially from its "global" capital structure? Explain the differences in each as it pertains to the firm and the benefits. (Use APA format with at least 3 cited references. Demonstrate your mastery of these topics through examples including "the numbers" and formulas as appropriate.

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