IF INTERNATIONAL FINANCIAL MARKETS ARE LESS THAN FULLY INTEGRATED,...

9. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN 9. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
9. If international financial markets are less than fully integrated, then a. Any differences in the cost of capital across countries can be diversified away. b. Systematic differences in the cost of capital may exist across different countries. c. Any difference in the cost of capital that may exist across different countries is due to differences in unsystematic risk. d. None of the above.