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Eurocurrency markets are a source of attractively priced working capital loans for multinational firms because

1 Answer

1 vote

Answer:

it offers softer interest rates of borrowers and greater interest rates for lenders depending on the situation

Step-by-step explanation:

Due to the lack of firm or strong regulatory provisions or controls, such as tax law, interest caps, etc. Eurocurrency markets are commonly selected as attractively priced working capital loans for multinational firms because when compared with domestic banks, it offers softer interest rates of borrowers and greater interest rates for lenders accordingly.

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