MANY MULTINATIONAL COMPANIES ARE RELUCTANT TO MAKE LARGE EQUITY INV...

2. Many multinational companies are reluctant to make large equity investments in their foreign subsidiaries because . A. dividends to foreign shareholders are normally subject to local income taxes B. dividends to foreign shareholders are usually subject to withholding taxes C. dividends to foreign shareholders are usually subject to foreign exchange risk D. an equity investment is not very flexible for the investor * E. all of the above