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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 555 |
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The bank feels that the firm should consider paying off all its Yen loans and discontinue future borrowing in Yen. For future loans, GE Toys should consider borrowing in Hong Kong dollars or US dollars. By borrowing in HK$, there would be no currency risk. Due to the peg, the currency risk involved if the firm borrowed USD would be relatively low, however it would still exist...
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