Assume a U

question 50

Multiple Choice

Assume a U.S.-based subsidiary wants to raise $1 million by issuing a bond denominated in Pakistani rupees (PKR) . The current exchange rate of the rupee is $.02. Thus, the MNC needs ____ rupees to obtain the $1 million needed.

• A) 50,000,000
• B) 20,000
• C) 1,000,000
• D) None of these are correct.

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Definitions:

Productive And Able

Being capable of efficiently producing significant results, outputs, or achievements through skill, effort, or capability.

Marriages End In Divorce

A statistical fact indicating that a significant proportion of marriages legally terminate in a divorce.

United States

A country located in North America, consisting of 50 states, known for its significant influence on global politics, economy, and culture.

Eager To Retire

Being eager to retire indicates a strong desire or readiness to leave one's job and cease working, typically due to reaching retirement age or seeking a change in lifestyle.