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Daily Question (Finance)
Consider a U.S. based MNC that has excess cash to invest. Discuss advantages and disadvantages of investing excess cash in a foreign currency such as the Mexican peso or the Indian rupee instead of investing it in the U.S. In April 2024, the latest central bank interest rates were 5.5% in the U.S., 11.0% in Mexico, and 6.5% in India.
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