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Why would a U.S. firm consider investing short-term funds in euros
Why would a U.S. firm consider investing short-term funds in euros 1. Investing Strategy. Tallahassee Co. has $2 million in excess cash that it has invested in Mexico at an annual interest rate of 60 percent. The U.S. interest rate is 9 percent. By how much would the Mexican peso have to depreciate to cause such a strategy to backfire? 1 + 9% 1 + 60% -1 = - 31.875% 2. Investing Strategy. Why would a U.S. firm consider investing short-term funds in euros even when it does not have any future cash outflows in euros? Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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22 Apr 2016
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Why would a U.S. firm consider investing short-term funds in euros
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