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The Selection of International Borrowing Sources

Published online by Cambridge University Press:  19 October 2009

James V. Jucker  and
Clovis de Faro
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Extract

In the evaluation of investment opportunities risk is often a primary consideration. Risk is usually not a factor of such importance, however, in the evaluation of borrowing opportunities. But when the borrowing opportunities include the borrowing of foreign currencies, then the possibility of exchange rate fluctuations during the loan period may introduce a significant component of risk. It is our purpose to develop a method for evaluating and selecting international borrowing sources in the face of exchange rate uncertainties.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 10 , Issue 3 , September 1975 , pp. 381 - 407
Copyright
Copyright © School of Business Administration, University of Washington 1975

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References

REFERENCES

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