Diversifying sources of financing, regardless of the currency of denomination, can lower a firm's cost of capital and increase its availability of capital.

Question

Quizplus · Accepted Answer

By diversifying sources of financing, a firm can access different markets and investors, which can create competition and potentially lower the cost of borrowing. It also reduces dependence on a single source of funding, making it easier to obtain capital when needed. This holds true regardless of the currency of denomination.

Diversifying Sources of Financing, Regardless of the Currency of Denomination