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Comparative Advantage when Borrowing Euros Assignment | Homework For You

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May 21st, 2020

Q4. Suppose that GE and L’Oréal S.A. need to issue bonds to finance their new projects. The table below summarizes their costs:Homework For You

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Borrow in USD

Borrow in EUR

GE

9.42%

8.27%

L’Oréal S.A.

10.11%

9.17%

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