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International Finance

4. You are asked to lend money for a major commercial real estate development in the town of Calexico, which is on the California side of the Mexican border. There is some talk about a further devaluation of the Mexican peso. What information do you need to assess the creditworthiness of this project?

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ANSWER. The economic viability of a shopping mall largely determined by the number of shoppers who frequent the development and the amount of money they spend there. In the case of a shopping center in Calexico, the odds are ...

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