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What is the key advantage of using electronic payments instead of currency or checks? A. Lower transaction costs B. Lower opportunity costs C. Lower interest charges

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter11: Managing Transaction Exposure

Section: Chapter Questions

Problem 3BIC

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What is the key advantage of using electronic payments instead of currency or checks?

A.

Lower transaction costs

B.

Lower opportunity costs

C.

Lower interest charges

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