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boland boland
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8 years ago
Functional currency is
A) the currency of the country where the corporation is incorporated.
B) the weighted average of the currencies of all foreign subsidiaries.
C) the currency of the primary economic environment in which the subsidiary operates and generates cash flows.
D) the currency proscribed by the national laws of the subsidiary's country of incorporation.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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8 years ago
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boland Author
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#2
8 years ago
This is awesome, thanks so much
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#3
8 years ago
Pleasure is all mine
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