Finance Finance -Recently, the British subsidiary called on Citicorp

Finance -Recently, the British subsidiary called on Citicorp

Subject: Business / Finance
Question
Recently, the British subsidiary called on Citicorp for a medium-term loan and was offered the following alternatives:
Loan Denominated In.

Annualized Rate

British Pounds

13%

U.S Dollars

11%

Canadian Dollars

10%

Japanese Yen

8%

What characteristics do you think would help the British subsidiary determine which currency to borrow? You can consider current FOREX spot rate also.