According to the text, an MNC's "global" target capital structure is:
A) always debt-intensive.
B) always equity-intensive.
C) sometimes different from an MNC's "local" capital structures (at subsidiaries).
D) none of the above

Question

Quizplus · Accepted Answer

The text states that an MNC's "global" target capital structure may be different from its "local" capital structures at subsidiaries, meaning it may not always be the same as the capital structure chosen by individual subsidiaries. Therefore, option C is correct. Option A and B are incorrect as they imply that the MNC's global target capital structure is always debt-intensive or equity-intensive, which is not necessarily true. Option D is incorrect as option C is the correct answer.

According to the Text, an MNC's "Global" Target Capital Structure