S study01 New Member Joined Sep 8, 2016 Messages 16 Gender Undisclosed HSC 2018 Nov 1, 2016 #1 Predict what would happen if a domestic firm borrowed US$5 million offshore just before a massive depreciation of the Australian dollar against the US dollar?
Predict what would happen if a domestic firm borrowed US$5 million offshore just before a massive depreciation of the Australian dollar against the US dollar?
S si2136 Well-Known Member Joined Jul 19, 2014 Messages 1,370 Gender Undisclosed HSC N/A Nov 1, 2016 #2 Due to PPP and Currency Rates, you would need to pay a lot more than US $5 million