Predictable exchange rates increase the need for currency hedging

All else equal, the use of long-maturity debt is expected to be greater in those markets in which:

A. inflation is low B. capital markets are passive and illiquid C. the legal system's protection of bondholders' interests is weak

When using the "you attitude," what should be emphasized?

A) The needs of the writer B) The active voice C) Tone D) The needs of the reader