MNCS MUST ACCOUNT FOR A NUMBER OF COMPLICATED FACTORS TO MEASURE D...

16. MNCs must account for a number of complicated factors to measure debt including all of the following but ___. A. MNCs can borrow in Eurocurrency markets B. MNCs can borrow in international bond markets C. an estimate of interest rates and proportion of debt to be raised in each market D. an estimate of tax rates in each capital market E. the firm’s price-earnings ratio