What is the primary benefit that a firm can achieve by using multiple-currency financing?
A)It will lower cost of capital.
B)It provides new sources of capital.
C)It provides access to more capital markets.
D)It results in diversity and risk reduction.

Question

Quizplus · Accepted Answer

Using multiple-currency financing allows a firm to diversify its financial sources, which can help in reducing risk associated with currency fluctuations and economic changes in a single market.

What Is the Primary Benefit That a Firm Can Achieve