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Jim decided to use the excess cash to pay off the British
Jim decided to use the excess cash to pay off the British 1. If Jim invests the excess cash in U.S. Treasury bills, would this reduce the firm- exposure to exchange rate risk? 2. Jim decided to use the excess cash to pay off the British loan. However, a friend advised him to invest the cash in British Treasury bills, stating that “the loan provides an offset to the pound receivables, so you would be better off investing in British Treasury bills than paying off the loan.†Is Jim- friend correct? What should Jim do? 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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Jim decided to use the excess cash to pay off the British
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