A Multinational Company May Prefer to Hold Sizeable Cash Balances

question 35

Multiple Choice

A multinational company may prefer to hold sizeable 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 strong relative to the other.
• C)of high interest rates existing in one country and because one country's currency may be strong relative to the other.
• D)None of the options

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Definitions:

Living Arrangement

The configuration of one's household, including who one lives with and the nature of those relationships.

Residential Community

A geographic area where people live close to one another and share common spaces or amenities, often governed by specific rules or associations.

Nursing Home

A residential facility offering a high level of care for the elderly or those with severe health issues, including medical and personal care.

Multigenerational Home

A household setup where more than two generations of the same family live under one roof, such as grandparents, parents, and children.