Logan decided to use the excess cash to pay off the British loan. However, a friend advised him to invest the cash in British Treasury bills, stating that “the loan provides an offset to the pound receivables, so you would be better off investing in British Treasury bills than paying off the loan.

Logan decided to use the excess cash to pay off the British loan. However, a friend advised him to invest the cash in British Treasury bills, stating that “the loan provides an offset to the pound receivables, so you would be better off investing in British Treasury bills than paying off the loan.” Is his friend correct? What should Logan do?

"Order a similar paper and get 15% discount on your first order with us
Use the following coupon
"FIRST15"

Order Now