|
Title: In emerging market countries, many firms have debt denominated in foreign currency like the dollar o Post by: valputin on Nov 29, 2015 In emerging market countries, many firms have debt denominated in foreign currency like the dollar or yen. A depreciation of the domestic currency
A) results in an increase in the value of the firm's assets. B) means that the firm does not owe as much on their foreign debt. C) strengthens their balance sheet in terms of the domestic currency. D) results in increases in the firm's indebtedness in domestic currency terms, even though the value of their assets remains unchanged. Title: Re: In emerging market countries, many firms have debt denominated in foreign currency like the doll Post by: Meela on Nov 29, 2015 Content hidden
Title: Re: In emerging market countries, many firms have debt denominated in foreign currency like the dollar o Post by: valputin on Dec 14, 2015 Correct
Title: Re: In emerging market countries, many firms have debt denominated in foreign currency like the dollar o Post by: Meela on Dec 14, 2015 :) Good luck with the rest
|