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Jim could also borrow euros at an interest rate that is lower than the U.S. 1. Should Jim borrow dollars or pounds to finance his joint venture business? Why? 2. Jim could also borrow euros at an interest rate that is lower than the U.S. or British rate. The values of the euro and pound tend to move in the same direction against the dollar but not always by the same degree. Would borrowing euros to support the British joint venture result in more exposure to exchange rate risk than borrowing pounds? Would it result in more exposure to exchange rate risk than borrowing dollars? Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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Jim could also borrow euros at an interest rate that is lower than the U.S.
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