Suppose the domestic cost of capital for a U.S.-based company is 9%. Also, the U.S. interest rate is 5% and the European interest rate is 5%. What is the foreign denominated cost of capital for the company?
A) 7%
B) 8%
C) 9%
D) 10%
Answer: C
Business
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Which of the following terms is most likely to refer to a situation in which an application is not saved on your computer but is hosted by the software company and is available on the Internet, often for a monthly fee?
A) Parallel computing B) Cloud computing C) Mainframe computing D) Software as a service E) Grid computing
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Communication takes place whenever a person speaks to another person
Indicate whether the statement is true or false
Business