A multinational company may prefer to hold sizeable cash balances in one currency rather than another because
A) of high interest rates existing in one country.
B) one country's currency may be strong relative to the dollar.
C) two of the answers are correct.
D) none of the other answers are correct

Question

Quizplus · Accepted Answer

A multinational company may prefer to hold a sizeable cash balance in one currency rather than another because of high interest rates existing in one country, and because one country's currency may be strong relative to the dollar.

A Multinational Company May Prefer to Hold Sizeable Cash Balances