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Question A London subsidiary, headquartered in Malaysia, could borrow one-year short-term financing at 5% in Malaysia or
Posted: Sun Jul 03, 2022 12:56 pm
by answerhappygod
- Question A London Subsidiary Headquartered In Malaysia Could Borrow One Year Short Term Financing At 5 In Malaysia Or 1 (13.08 KiB) Viewed 19 times
Question A London subsidiary, headquartered in Malaysia, could borrow one-year short-term financing at 5% in Malaysia or 6% in the London. The Ringgit: Dollar exchange rate is expected to move from MYR5.3600/GBP to MYR5.3800/GBP by year-end. The Malaysian government charges 20% of the corporate tax for that year.